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Alvaro Ramon
Alvarado, 24, lives in Libertad. He started the business having learned how to make concrete blocks when still a boy. He gradually started his own business to earn higher income. Currently, his work selling concrete blocks is his source of daily support; he works all day with two people.

His difficulty is his illness which at the moment is under control. He also collects the money he charges for what he delivers. He’s not married and has no children to support but so he supports himself; he pays his own expenses and buys what he wants.

He wants to use this loan to buy sand and cement in order to sell more blocks. Alvarado wants his business to continue growing every day so that he can open his own branch of DISENSA (a firm that sells construction supplies).
View original language description ↓
Alvarado vive en Libertad, tiene 24 años de edad. El empezó su negocio aprendiendo hacer bloques desde muy pequeño; después poco a poco se puso su propio negocio para así adquirir mayor ingreso. Actualmente su trabajo de venta de bloques es su sustento de día a día ya que lo realiza con dos personas trabajando así todo el día.

Su dificultad es su enfermedad el cual en este momento la tiene controlada porque aparte cobra un dinero de lo que entrega.

El cliente no está casado, no tiene hijos a quien mantener así que se mantiene solo, el mismo paga sus gastos y se compra lo que él quiere.

Con este préstamo quiere poder comprar arena, cementos para vender mas bloques.Alvarado quiere que su negocio siga creciendo día a día hasta ponerse su propio DISENSA (una empresa de venta de materiales de construcción).

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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $24,293,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Alvaro Ramon to buy raw materials like sand, cement and concrete blocks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 25, 2014