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Vicente Gonzalo
Not having a job forced Vicente to look for alternatives to survive. He looked for opportunities but couldn't find any so he decided to have a business selling "morocho," a traditional dessert of Guayaquil. He saw a good market, so everything's going well now. He does his job with his wife, who prepares the morocho for him and he goes out to sell it in the central area of Manta at 4 p.m.

Vicente has two children. One of them studies in a public school and the other one, a girl, is special, so his wife has to take her to the doctor every day.

With the loan he's going to buy provisions for morocho and fix his cart because it's in bad shape. He's also going to improve the state of his house. Some of his goals are to improve his family's finances and give them a good future so his children can finish their studies.
View original language description ↓
Vicente a la falta de empleo lo llevo a buscar alternativas para subsistir, busco oportunidades pero no encontró y se decidió en tener un negocio venta de morocho postre tipico de Guayaquil, por que vio un buen mercado ahora todo va bien.
Su trabajo lo hace con su esposa quien le prepara el morocho y sale a vender en la parte central de Manta desde las 16:00pm. Vicente tiene 2 hijos uno estudia en escuela fiscal y la otra niña es especial por lo cual su esposa tiene que llevarla todos los días atender al médico.
Con el préstamo va a comprar víveres para morocho arreglar su carreta ya que esta deteriorada y también mejorar el estado de su vivienda. Unas de sus aspiraciones es mejorar el nivel económico de su familia y darle un buen futuro para que sus hijos puedan terminar sus estudios.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,222,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Vicente Gonzalo to buy milk for "morocho" [a dessert] and tools to fix his cart.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 25, 2013