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Luis Arturo
Luis is 55 years old, and he is married. Luis tells us that he started 30 years ago with the money he had saved. He bought a cold drink cart, which he still uses in his work today.

Because his cold drink sales have been well received by all of the beach dwellers, he wants to continue with his business. It is very profitable for him.

He gets up at 6:00 a.m. and goes to buy ice and the flavoring in order to be able to go out and sell his cold drinks.

His dream is to continue building his house because, with so much effort, he is finishing construction.

He will use the loan to buy things to build his house and things for his business. He will buy sand, rocks, and cement. For his business he will buy ice and flavoring, etc.
View original language description ↓
Luis tiene 55 años de edad, estado civil casado. Don Luis nos comenta que comenzó ya hace 30 años con el dinero que tenia ahorrado se compro una carreta de refresco la cual ese hoy en día es su trabajo, la ventas de refresco como a tenido una buena acogida por todo los habitantes de playas él quiere seguir con su negocio pues para El es muy rentable El se levanta a las 6:00am, y va a comprar hielo y las esencias para poder salir a comercializar sus refrescos. Su sueño es de seguir construyendo su vivienda que ya con tanto esfuerzo la está terminando de construir. Con el préstamo el va a comprar cosas para construir su casa, y también para su negocio: arena, piedra, cemento , para el negocio hielos, esencias etc.

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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,275 helped Luis Arturo to buy sand, rocks, and cement for building and to buy ice and flavoring, etc. for his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
N/A
Expired:
Nov 10, 2012