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Fabricio Alfredo
Fabricio lives in Orquídeas with his parents. He is 25 years old and manages a metal shop. At a very young age, Fabricio learned this trade from his father who is in the same line of work. Gradually he learned how to cut and mold aluminum. As a single man, he works in his father’s shop as his assistant and without a set schedule. Thanks to God, the business is profitable and has a customer base due to the increase in construction.


Fabricio is requesting a loan so that he can become a partner in his father’s business. He will buy aluminum, since it is the raw material that they use. His goals for the future include becoming independent, starting a family, and providing them with stability and well-being.

View original language description ↓
Fabricio vive en las Orquídeas con sus padres. Tiene 25 años y se dedica a la cerrajería. Aprendió desde muy joven la actividad ya que su papa se dedica a este labor y poco a poco le fue enseñando como cortar y moldear el aluminio. Como es soltero trabaja con él en su taller sin horario fijo ya que es su ayudante. Da gracias a Dios por que el negocio es rentable y tiene clientela ya que las construcciones van en aumento. Fabricio solicita el crédito para poder hacerse socio en el negocio de su padre comprando aluminio que es la materia prima. Su meta a futuro es independizarse para forma su familia y darle un bienestar estable.

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
  • 12
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Fabricio Alfredo to buy aluminum.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2012
Listed
Jul 5, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013