Check out some available loans that are similar to this one!
Felipe Adrian
Felipe lives in Guayaquil. He started his business improvising selling turnovers and gradually improved his business. With income he earned, he decided to buy a used vehicle to be able to sell more of his turnovers. He gradually sold to more customers because he was now able to move from place to place better.

He currently wants to improve his business by establishing it in a permanent, stable site. He works alone rising at four in the morning to make the ‘coladas’ [traditional beverage made from oatmeal], coffee and turnovers that he then sets out to sell until one in the afternoon. He’s married and his wife is a housewife; he has no children.

He wants to use this loan to buy flour, meat, cheese and oatmeal to make more turnovers. His dream is to be able to increase business and make improvements at home especially to his way of life.
View original language description ↓
El cliente Felipe vive en Guayaquil. El comenzó su negocio improvisando en la venta de empanadas, poco a poco fue mejorando su negocio.
Debido a los ingresos que tenia decidió comprarse un carro usado para poder vender más sus empanadas, poco a poco fue vendiendo a mas clientes ya que podia movilizarce con mejor desempeño. En la actualidad está queriendo mejorar su negocio con un negocio estable en un local.

El realiza su trabajo solo, se levanta a las 4:00 de la mañana a preparar las coladas, el café y las empanadas de ahí sale a vender hasta las 13:00 de la tarde.

Está casado y su esposa es ama de casa, no tiene hijos. Con este préstamo quiere comprar harina, carnes, queso y avenas para hacer mas empanadas. Su sueño de poder incrementar el negocio y mejorar su hogar. Sobre todo su forma de vida.

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
  • 103
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Felipe Adrian to buy flour, meat and oatmeal.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 25, 2014