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Noel Alfredo
Noel lives in Manta canton. He is 50 years old, single, and has children. He made the decision to look for work so that his children could continue their education. As no one was giving him the opportunity to work at a company, he decided to raise money to open his business, which is cooking fast foods.

Currently his business has been growing gradually, to the point where it has a clientele. Noel works alone, mornings and evenings daily. With the loan he will buy clothing, kitchen supplies, and various other items. His goal is to have his own business and build his house.
View original language description ↓
Noel vive en el cantón manta. Tiene 50años. Es soltera. Tiene hijos. El toma la decisión de buscar trabajo para seguir con los estudios de sus hijos y Como nadie le daba la oportunidad de trabajar en una empresa. El decide juntar dinero para dar apertura a su negocio que es comidas rápidas En la actualidad su negocio poco a poco creció hasta llegar a tener una clientela Noel trabaja solo las mañana y tardes diariamente. Con el préstamo comprara ropa, materiales de cocina,, varios, etc. su meta es tener su propio negocio y construir su casa .

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
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Noel Alfredo to buy flour, plates and various items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2012
Listed
Jan 15, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 25, 2014