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Santos Gilberto
Santos lives in the district of La Libertad, in the province of Santa Elena and is married. The oldest of his children is 16 years old, the second is 14, the third is 8, and the youngest is 2. His father taught him the trade of furniture making. Now he makes furniture from Monday to Friday, from 9 in the morning to 5 in the afternoon.

With the loan he will buy paint, wood, a blowtorch, tools, etc. He aims to be able to expand his business, to hire more employees so that the furniture production improves and so that he can give his children a future.
View original language description ↓
Santos vive en el cantón La Libertad de la provincia de Santa Elena. Es casado y el mayor de sus hijos tiene 16 años el segundo 14 años el tercero de 8 años y el ultimo tiene 2 años. Su padre fue el que le enseño el oficio de lo que es la fabricacion de muebles .En la actualidad trabaja en la fabricación de muebles de lunes a viernes desde las 9 de la mañana hasta las 5 de la tarde. Con el crédito comprara pintura, madera, soplete,herramientas etc. Su meta es poder ampliar su negocio para poder contratar más empleados para que la producción de muebles mejore y así poderle s dar un futuro a sus hijos

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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Santos Gilberto to buy paint, wood, a blowtorch, tools etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 22, 2013