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Alfredo Edmundo
Alfredo lives in Orquídeas, where he has a tailoring workshop. At the age of 49, he is a widower and his children are grown. He lives in the northern sector known as Bastión Popular, where he has his own home made of cement, with basic utility services. He started his tailoring workshop 11 years ago. He learned the trade when he was very young, because his mother worked in this business, and it was she who taught him to make clothing. He worked as her assistant for a number of years, learning not only how to make clothing but also how to deal with customers and suppliers. After some years went by, he set up on his own when he started a family, starting by offering his services with a home sewing machine. Little by little, he became known in the area and expanded his business, taking out several loans so that he could grow. Currently, he has several industrial machines, and he has lines of clothing that he creates. His orders come from companies, consisting of polo shirts embroidered with the firm's logo, unisex trousers and vests. This type of clothing is easier to make, because it is created with standard measurements. He works from Monday through Sunday, when necessary, from 8 in the morning to 6 in the evening. He maintains fixed working hours because he has a group of people who work for him. He feels satisfied because in these years he has seen his business grow to the point of providing jobs for people who need them. Alfredo's greatest problem is getting ill, because he knows everything about his business and does not have someone to replace him. However, he says he has faith in God who will provide him with health and the strength he needs to continue. He will use the loan he is requesting to buy supplies such as fabrics, thread and buttons, and he will also use some of the funds to carry out repairs to his machines.
View original language description ↓
Alfredo vive en la Orquídeas donde tiene un taller de confección de ropa. A sus 49 años es viudo y sus hijos son mayores de edad. Vive en el sector norte conocido como Bastión Popular donde tiene su domicilio propio de cemento y cuenta con los servicios básicos. Hace 11 años inicio su taller de confección de ropa. Aprendió desde muy joven porque su mama se dedicaba a este negocio y fue ella quien le enseño corte. Se desempeño como su ayudante por varios años aprendiendo no solo la confección de las prendas sino también el trato a los clientes y proveedores. Pasando varios años se independizo al formar su familia empezando a ofrecer sus servicios con una maquina casera de coser. Poco a poco se fue dando a conocer y ampliar el negocio realizando varios créditos para poder crecer. Actualmente tiene varias maquinas industriales y realiza confecciones por series, los pedidos se los hacen empresas y consisten en camisas tipo polo bordadas con el logotipo de la misma, pantalones unisex y chalecos este tipo de ropa es más fácil de confeccionar porque se realiza con medidas estándar. Trabaja de lunes a domingo cuando es necesario desde las 8 de la mañana hasta las 6 de la tarde. Mantiene un horario de trabajo porque tiene un grupo de personas que laboran para él. Se siente satisfecho ya que en estos años ha visto el crecimiento de su negocio hasta el punto de poder brindar trabajo a personas que lo necesitan. El mayor problema de Alfredo es enfermarse ya que el conoce todo su negocio y no tendría quien lo reemplace pero tiene fe en Dios que le brindara salud y fuerza necesaria para continuar. El préstamo que está solicitando lo empleara en la compra de mercadería como telas, hilos, botones y dinero para realizar reparaciones a sus maquinas.

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

  • $10,600
    Average annual income
  • 77
    View loans »
    Ecuador Loans Fundraising
  • $25,060,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Alfredo Edmundo to buy fabrics, thread and buttons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 20, 2012
Jul 4, 2012
Currency Exchange Loss:
Mar 15, 2013