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Jorge Freddy
Jorge started out selling very few small animals, but then he began to use a pickup truck in order to improve the distribution to his customers. Using a loan he got from a relative, he bought small purebred pigs for raising, and he's still in the pig raising business to this day. He works with his wife; she helps him with feed and vitamins for the little animals. He sells a pig every 15 days. He reports that he hasn't faced any drawbacks in his business thus far. Jorge has two children aged 10 and 4; the older daughter goes to a private school. With this loan he'll purchase pigs and poultry. One of his goals is to be able to start another animal-related business so that he can earn enough to pay for his son's studies.
View original language description ↓
Jorge inicio con muy pocas ventas de animalitos, pero comenzo manejando una camioneta para mejorar la distribucion de a sus clientes, con un préstamo familiar compro cerdos pequeños de raza para la cría, y hasta ahora sigue con el negocio de cría de cerdos. Su trabajo lo hace con su esposa le ayuda con la alimentación y vitaminas para los animalitos. Y cada 15 días vende un cerdo. Hasta ahora indica que no ha tenido ningún inconveniente en su negocio. Jorge tiene 2 hijos de (10 y 4años) la mayor esta en escuela particular. Con el préstamo va comprar cerdos y aves.
Unas de sus metas es poder poner otro negocio que siga la línea de los animales para tener ingresos para los estudios de su hijo.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Jorge Freddy to purchase pigs and poultry.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 25, 2013