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Rafael Edward
Rafael, age 33, lives in Guayaquil (La Libertad). He decided to help the environment, and a good way was recycling. This also would give him income for his family.

He does his work daily getting glass, scrap metal, and paper, etc.

The difficulty that he faces in his business is illness. He is married, and his wife devotes herself to the home. He has three children, and they attend public schools.

He will use the loan to buy a recycling machine and pots.

In the future he wishes to fix his house more. He also wishes to have capital in order to be able to get recycling materials.
View original language description ↓

El Señor Rafael vive en Guayaquil (La Libertad), el tiene 33 años de edad. El decidió ayudar a cuidar el medio ambiente y una buena manera era la de reciclar, que además le daría ingresos económicos para su familia.
El realiza su trabajo diariamente adquiriendo vidrio, chatarra, papel. Etc.

La dificultad que se le presenta en su negocio es la enfermedad. El está casado, su esposa se dedica al hogar.
Tiene 3 hijos que estudian en instituciones fiscales.

El usara el préstamo para una maquina recicladora y tarros. El desea para el futuro arreglar mas su vivienda y tener capital para poder adquirir los materiales de reciclaje.

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
  • 66
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rafael Edward to buy a recycling machine and pots.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
N/A
Ended:
May 6, 2014