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Elvis Daniel

Update on Elvis Daniel

Elvis continues living in El Suburbio in Guayaquil. At the age of 52 he’s single but he maintains a relationship with his three children who are independent.

His profession for the last 13 years has been master builder. He started at the age of 16 working as an assistant where he learned everything related to construction. From the age of 19 on he started working for himself making his work known. He currently has his own work projects and he works with an assistant. His schedule is Monday through Saturday since Sunday is to rest because his work depends on physical strength. The only inconvenience with his work is that there is little of it in winter.

The loan Elvis is requesting is to finish building a house. He will buy sand, cement, stone and pay the fees related to the house’s title. As a construction worker, his dream is to own a house with beautiful finishing touches.
View original language description ↓
Elvis continua viviendo en el Suburbio de Guayaquil, ahora con sus 52 años continua soltero, mantiene la relacion con sus 3 hijos quienes son independientes. Su profesión desde hace 13 años es ser maestro albañil empezando cuando tenía 16 años cuando empezó como ayudante donde aprendió todo lo referente a la construcción. A partir de los 19 años empezó por cuenta propia dando a conocer su trabajo, en la actualidad tiene sus propias obras y trabaja con un ayudante. Su horario es de lunes a sábado ya que el domingo es para el descanso, esto es porque su desempeño radica en la fuerza física. El único inconveniente en su trabajo es la temporada de invierno en la cual tiene poco trabajo. El préstamo que solicita Elvis es para terminar la construcción de su casa con la compra de arena, cemento, piedra y el papeleo para la escritura de la misma, como es albañil su sueño es tener una casa con una hermosos acabados.

Previous Loan Details

Fifty year-old Elvis lives in an urban area in the Guayaquil suburb. He is single with three adult children. He travels the streets of Guayaquil lending his bricklaying services. For lack of opportunities and to support his children, he had to start bricklaying, which his father taught him.… More from Elvis Daniel's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Ecuador

  • $10,200
    Average annual income
  • 11
    View loans »
    Ecuador Loans Fundraising
  • $22,535,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,050 helped Elvis Daniel to purchase cement, rocks, and bricks to improve his home.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 5, 2012