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Isrrael Rufino
Isrrael lives in the northern sector of the city of Guayaquil named Las Orquídeas. He is married and has two children. He began his business, which is food sales, 12 years ago. Because of the lack of employment in his country, he could not find work, and so he decided to open the business of food sales in his home. He works with his wife from Monday through Friday from 10 in the morning until 10 at night.

With the loan, he will buy a new industrial stove and general supplies. His dream is to have a great restaurant well-known in the country for its typical Ecuadorian food.
View original language description ↓
Isrrael vive en el sector norte de la ciudad de Guayaquil llamado Las Orquídeas. Está casado tiene 2 hijos. El comenzó su negocio que es la venta de comida, se inicio con este negocio ya hace 12 años atrás a causa de la falta de empleo que tiene el país, el no conseguía trabajo por eso tomo la decisión de dar la apertura al negocio de venta de comida en su casa. El trabaja junto a su esposa de lunes a viernes desde las 10 de la mañana hasta las 10 de la noche. Con el crédito comprara una cocina industrial y víveres en general. Su sueño es tener un gran restaurante reconocido en el país por sus comidas típicas ecuatorianas.

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
  • 97
    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 $1,075 helped Isrrael Rufino to buy an industrial stove and general supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2013