Check out some available loans that are similar to this one!
Galo Lorenzo
Sr. Galo is 50 years old and lives in La Libertad. He began selling roasted chickens so that he could generate household income and help his wife with the expenses. Galo has done very well since opening his rotisserie shop.


He and his wife work together every day of the week. The challenges they face in their business include dealing with thieves in the community. Galo is married and his wife is a seamstress. He has no children.


With this loan, Galo will buy supplies for his business such as chicken, colas, juices, rice, and other items. He wants to have a roasted chicken establishment that is well-known so that he can generate income for his family.

View original language description ↓
El Señor Galo vive en La Libertad, ella tiene 50 años de edad. El comenzó a vender pollo asado, para tener ingresos en su hogar para ayudar a su esposa con los gastos, y como le fue bien se puso un asadero.

El realiza su trabajo con su esposa y lo hace todos los días de la semana. Los inconvenientes que se le presentan en trabajo son los ladrones de su comunidad. El está casado y la esposa es costurera. El no tiene hijos.

Con el préstamo el comprara materiales para su negocio como: pollo, colas, jugos, arroz, etc. El desea poder tener un lugar de pollo asado muy reconocido para así tener ingresos económicos para su familia.

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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Galo Lorenzo to buy chicken, colas, juices, rice, and other supplies for his rotisserie shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
N/A
Ended:
May 6, 2014