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Ludit Francisco
Ludit is 39 years old and works selling products made from aluminum and glass. He opened his shop in his home, located in the Orquídeas sector north of Guayaquil. He learned from his older brother, who works in the same business. He began as a helper until little by little he continued learning and was able to achieve independence. Currently he works from Monday to Saturday from 8am to 6pm. He works with a helper since he needs one for the cutting and assembling of the pieces since they are fragile. He has been working in the business for 10 years and he counts on many clients who like his work. Ludit is married and has two children who study in school. With the loan he is going to buy aluminum, pressed glass, rubber and adhesive which he will use to make windows. He hopes in the future to grow his shop, improving his quality of life. His dream is to be able to buy a car that will permit him to give better service.
View original language description ↓
Ludit de 39 años se dedica a la venta de artículos hechos en aluminio y vidrio, el taller lo abrió en su domicilio ubicado en las Orquídeas sector norte de Guayaquil. Aprendió de su hermano mayor quien se dedica al mismo negocio, empezó como ayudante hasta que poco a poco fue aprendiendo y logro independizarse. En la actualidad trabaja de lunes a sábado desde las 8 de la mañana hasta las 6 de la tarde, la labor lo realiza con un ayudante ya que lo necesita para el corte y ensamble de las piezas por ser frágiles. Tiene 10 años en el negocio y cuenta con mucha clientela a quienes les gusta su trabajo. Ludit está casado y tiene 2 hijos quienes estudian en la escuela. Con el préstamo va a comprar aluminio, vidrio prensado, caucho y pegamento con los cuales hace las vitrinas. Espera a futuro ampliar su taller mejorando su calidad de vida, su sueño es poder comprar un carro que le permita dar un mejor servicio.

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
  • 92
    View loans »
    Ecuador Loans Fundraising
  • $25,028,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Ludit Francisco to buy aluminum, pressed glass, rubber and adhesive.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2012
Jul 20, 2012
Currency Exchange Loss:
Jul 17, 2013