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Luis Olivo
Luis, 55, is married and has three children. Some time ago, he bought a cart, but because he couldn't find steady work, he converted his car into a taxi that has been his source of income. He says this income allows him to support his family. He will use the loan to buy licenses and join a cooperative.
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Luis tiene 55 años de edad estado civil casado, tiene 3 hijos, desde hace tiempo él se compro un carrito, pero como no encontraba un trabajo fijo, el puso su carro para convertirlo en taxi amigo pues ese ha sido la fuente de dinero con lo que gano de taxista sustento a mi familia. Con el préstamo él quiere sacar permisos y afiliarse a una cooperativa

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

  • $10,600
    Average annual income
  • 90
    View loans »
    Ecuador Loans Fundraising
  • $24,581,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,575 helped Luis Olivo to buy licenses and join a cooperative.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 24, 2012
Oct 14, 2012
Currency Exchange Loss:
Nov 13, 2012