Check out some available loans that are similar to this one!
Oscar Arnaldo
Oscar is from Bastión Popular, a sector north of Guayaquil, where he has his auto mechanic's workshop. He learned this trade from his father, who was the one who taught him from the time he was very young. As time passed, he met the woman who is now his wife. He married and they went to live in Bastión with her family. Their house at the beginning was of thatch, but with effort, little by little, he constructed it of cement. In his shop he offers all types of services, but what his customers ask for most is body work, a service that he offers with the help of a neighbor whose work complements his. He also sells spare parts in general. Oscar's greatest problem is crime. Since his shop is small. when he has a lot of work he has to leave the cars outside, which thieves take advantage of to steal parts. The loan that he is applying for is to purchase a hydraulic crane, which he needs to lower the motors of the cars. He hopes to improve his services considerably with this machine and thus begin constructing the second floor of his house, so that the lower part can be used entirely for his workshop.
View original language description ↓
Oscar es de Bastión Popular sector norte de Guayaquil donde tiene su taller de mecánica automotriz, el aprendio esta actividad de su padre quien fue quien le enseño desde muy joven, segun pasaba el tiempo conocio a su actual esposa con quien se caso se caso y fueron a vivir a Bastión con su familia, su casa al principio era de caña pero con esfuerzo poco a poco fue construyéndola de cemento. En su taller ofrece todo tipo de servicios pero lo que más buscan sus clientes es enderezada, este servicio lo ofrece con la ayuda de un vecino quien complementa su actividad. También vende repuestos de carro en general. El mayor problema de Oscar es la delincuencia ya que su taller es pequeño y cuando tiene mucho trabajo debe dejar los carros fuera lo que es aprovechado para robarles las piezas. El préstamo que está solicitando es para la compra de una grúa hidráulica lo cual necesita para bajar los motores de los carros. Espera mejorar considerablemente sus servicios con la maquina y así empezar la construcción del segundo piso de su casa para ocupar toda la parte baja en el taller.

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
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $23,137,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Oscar Arnaldo to buy a hydraulic crane.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013