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Victor Hugo
Víctor lives in the city of Quevedo. He is 25 years old. He is divorced with three children that attend a public school in the area. He had been without work six years ago and it was then that a friend took him to work selling fruits and vegetables. At present he has become independent and gave the opening of the exterior of his house over to a place from which to sell fruits and vegetables.

He wants to buy legumes, vegetables and fruits with the loan. His dream is to have his own business location and to become a wholesale distributor of fruits and vegetables to thus be able to give his children an excellent life.
View original language description ↓
Víctor vive en la ciudad de Quevedo tiene 25 años de edad. Es divorciado tiene 3 hijos que estudian en una escuela pública del sector. El se había quedado sin trabajo hace 6 años atrás y fue ahí cuando un amigo lo llevo a trabajar vendiendo frutas y legumbres. En la actualidad el se ha independizado y dio la apertura en los exteriores de su casa un puesto de venta de frutas y legumbres. Con el préstamo quiere comprar legumbres, hortalizas, frutas. Su sueño es tener un local propio y llegar a ser un distribuidor mayorista de frutas y legumbres para así poderle dar a sus hijos una excelente vida

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
  • 80
    View loans »
    Ecuador Loans Fundraising
  • $23,931,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Victor Hugo to buy legumes, vegetables and fruits.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 3, 2014