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Edizon Melbin
Edizon,35, is a fast food seller from Quevedo. He has set up his stall at a gas station where he works from Monday to Sunday in the afternoon and evening. He started his business with a small capital investment that he had saved from previous jobs, and thanks to this he was able to buy a cart from which he prepares his dishes to sell.

He attends his stall himself, from Friday to Sunday and sells salchipapas (sausages and potatoes), chicken, hot dogs, burgers and colas. He has an established sector which allows him to maintain his clientele. Edizon is married to Amada who is a housewife and also helps him to sell his products at the weekends. They have one child who attends public school. With money from the loan Edizon will buy chicken, potatoes and oil to sell. He is hoping to increase his income so that he can finish fixing his home.
View original language description ↓
Desde Quevedo conocimos a Edizon quien vende comidas rápidas. Su local lo ubica en una gasolinera donde labora de lunes a domingos en las tardes y noches. Empezó con un pequeño capital que había reunido de diversos trabajos realizados, gracias a esto compro una carreta donde cocina sus productos para la venta. La atención la realiza solo en horarios de viernes a domingos y vende salchipapas, papi pollo, hot dog, hamburguesas, colas. Tiene un sector determinado lo cual le permite mantener la clientela de la que goza. A sus 35 años está casado con Amada quien es ama de casa, también le ayuda en la venta sus fines de semana. Tienen un niño que estudia en la escuela fiscal. Con dinero del préstamo comprara pollo, papa y aceite para la venta esperando que aumente para terminar de arreglar su casa.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Edizon Melbin to purchase chicken, potatoes and oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
Jun 2, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013