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Pedro Pablo
Pedro, 31, works in sports fishing and aquatic tours in his native Libertad. He started this business since he was very young; when he got married at the age of 18 and acquired responsibilities his father taught him to handle boats so that he could manage them and provide a stable future for his family. With the passage of time, aquatic tourism grew so he decided to leave fishing aside and go into the excursion business. He works with an assistant’s help from Monday through Friday from 9am until 5pm. He charges $5.00 per person on his boat and for sports fishing he charges $35.00. This covers the cost of fishing rod rental and bait used plus the waiting time involved in enjoying this sport. He’s been in this business for several years so the loan requested is to buy a more powerful engine as well as modern fishing rods to improve service. In the future he plans to make improvements to the house he was able to buy recently to improve the living conditions he offers his family.
View original language description ↓
Pedro a sus 31 años se dedica a la pesca deportiva y paseos acuáticos en su natal Libertad. Empezó este negocio desde muy joven cuando se caso a los 18 años de edad, como adquirió responsabilidades su padre le enseño el manejo de las embarcaciones para que se hiciera cargo de ellas y pudiera brindar un futuro estable a su familia. Con el paso del tiempo y el auge turístico decidió dejar la pesca y a dar servicio de paseos. El trabaja con un ayudante de lunes a viernes desde las 9 de la mañana hasta las 5 de la tarde. El costo que tienen los paseos en su embarcación es de $ 5.00 por persona y en la pesca deportiva cobra $ 35.00 con esto cubre el alquiler de las cañas y los cebos que utilizan también el tiempo de espera que brinda para disfrutar del deporte. Tiene varios años dedicándose al negocio por lo que el préstamo lo solicita para comprar un motor más fuerte, también cañas modernas y así mejorar el servicio. A futuro tiene planeado mejorar su vivienda que hace poco pudo comprar para mejorar la condición de vida que brinda a su familia.

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,831,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Pedro Pablo to buy a motor and fishing rods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013