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Angel Polivio
Ángel, age 52, lives in Quevedo, Ecuador. He started working with a tricycle in 1988. He transported passengers and cargo. Then he had the opportunity to associate with a cooperative, and he bought a ‘moto taxi’ [three wheeled motorized vehicle]. This helped him a lot because it was more comfortable, less tiring, and produced more money.

He works as a driver from 6:00 a.m. until the nighttime. The times that it is difficult for him to work are when it rains and when he is ill. He does not have a wife. He has three daughters, and they attend public school.

He will use the loan to buy tires and tools. In the future he wishes to be able to increase his business with more three wheeled motorized vehicles.
View original language description ↓
El Señor Ángel vive en Quevedo (Ecuador), el tiene 52 años de edad. El empezó a trabajar con un triciclo desde los años 1988 transportando a las personas o cargas, luego tuvo la oportunidad de asociarse en una cooperativa, y compro una moto taxi, esto le ayudo mucho porque era mas cómodo y menos cansado y producía mas dinero.

El trabaja como transportista, desde las 6:00 de la mañana hasta la noche. Los momentos en que a él se le dificulta trabajar cuando llueve y cuando enferma. El no tiene esposa, tiene 3 hijas, están en escuela fiscal.

El usara el préstamo para comprar llantas, herramientas. El desea para el futuro poder incrementar su negocio con mas tricimotos.

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
  • 12
    View loans »
    Ecuador Loans Fundraising
  • $22,566,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Angel Polivio to buy tires and tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2013