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Armando Efrain
Sr. Armando lives in Guayaquil. He was in the military reserves, but later left the service so that he could acquire his own business. Armando bought a taxi and now he works every day by himself.

His main concern is crime since he works in very dangerous places where robbers could climb into his taxi. He is also afraid of his wife and children being able to take care of themselves should something happen to him. However, his family provides him the strength that needs to pursue the goals that he wants to achieve.

Armando is married and his wife helps with the household chores. They have three children (ages 6, 10, and 12), all of whom attend a state school. For this reason, Armando is requesting a loan in order to buy uniforms and school supplies for his children since they are already back in school. (Armando appears in the photo with his wife and three children.) He wants to provide them with a better education.

View original language description ↓
El Sr. Armando vive en Guayaquil. El es militar en servicio pasivo luego de salir de las filas del ejército decidió adquirir un negocio propio por lo que se compró un taxi. Esta labor la realiza solo a diario en su taxi.
Teme a la delincuencia ya que los ladrones que se suben al taxi abundan y las zonas en donde trabaja son lugares muy peligrosos.Teme que le vayan hacer algo ya que si al él le sucede algo sus hijos y su esposa se quedarian solos; su familia es su fuerza su aliento para alcanzar lo que quiere.

Está casado su esposa le ayuda en los quehaceres domésticos, tiene tres hijos uno de 6 años, otro de 10 años y el ultimo de 12 años de edad todos juntos estudian en una escuela fiscal.

Armando desea que sus hijos sigan adelante con sus estudios y que no les haga falta nada. Por eso quiere el préstamo para comprar uniformes y útiles escolares para sus hijos ya que estan por estar al colegio (en la foto esta Armando, su esposa y sus tres hijos). Y así darles un mejor bienestar de educación social.

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
  • 73
    View loans »
    Ecuador Loans Fundraising
  • $23,920,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Armando Efrain to buy uniforms and school supplies for his children.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jan 25, 2013
Feb 24, 2013
Currency Exchange Loss:
Sep 25, 2013