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Leonardo Francisco
Leonardo has lived his 21 years in Playas and works in fishing. He is single and lives with his parents. He has been learning about fishing for 13 years as it is the family business. His father has been a teacher and has taught him everything about boating and fishing. He likes very much the free air, the sea, the freedom he feels when he works.

Currently he is working with his father because he has the boat and the working relationships. Their main customers are the restaurants along the beach and the small vendors in the plaza. They sell wholesale in volume because they earn more. Their products are shrimp, sea bass and oysters. Leonardo says that his work is according to the tides and this is why he lives near the beach.

The loan he is requesting is to buy nets and other tools in order to become independent as his dream for the future is to begin the construction of his home.
View original language description ↓
Leonardo vive en Playas a sus 21 años se dedica a la pesca. Esta soltero y vive con sus padres. El negocio de la pesca lo aprendió desde los 13 años ya que es negocio familiar, su padre a sido su maestro y le a enseñado todo lo referente a la navegación y pesca. Le gusta mucho el aire libre, el mar, la libertad que siente cuando labora. Actualmente trabaja con su papa porque el tiene el bote y redes para el labor, sus principales compradores son los restaurantes de la playa y lo pequeños vendedores de la plaza. Su forma de venta en al mayor ya que por volumen es cuando más ganan, los productos que venden son camarones, corvinas y ostras. Leonardo indica que su trabajo es por mareas y por eso es que vive cerca de la playa. El crédito que solicita es para la compra de redes y otras herramientas para poder independizarse ya que su sueño a futuro es empezar la construcción de 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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $950 helped Leonardo Francisco to buy nets and other tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013