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Marcos Vicente
Marcos lives in the city of Manta in the province of Manabí. He is married with three children. The two eldest attend public school near the area, and the other has already finished school. Since he was young, Marcos has worked as an assistant in his uncle's auto mechanic shop, but he wanted to go independent and have his own workshop. Now, he has succeeded in this endeavor. He has his own body shop, and he even has an employee. They work together from Monday to Saturday from 8 am o 5 pm.

With this loan, Marcos will buy tools and fix up his premises. His dream is to increase his business so he can hire more employees and this generate work for people who have none.
View original language description ↓
Marcos vive en la ciudad de Manta de la provincia de Manabí está casado tiene 3 hijos los dos mayores asisten a una escuela pública cerca del sector y el otro todavía no estudia. Marcos desde joven trabajaba como ayudante en el taller e carros de su tío, fue entonces que tuvo la ilusión de independizarse y ponerse su propio taller. En la actualidad lo consiguió El tine su propio taller de vehículos y además el contrato a un empleado para su taller. Ellos juntos trabajan de lunes a sábado desde las 8 de la mañana hasta la 5 de la tarde. Con el préstamo Marcos comprara herramientas y arreglara su local, etc. Su sueño es ampliar su negocio para poder contratar más empleado y así generar fuentes de trabajo para gente que no lo tenga

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
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Marcos Vicente to buy tools and to fix up his premises.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 21, 2013