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Luis Americo
Luis lives in Playas. Eight years ago he worked for a firm ripening plantain but used a family loan to start his own vegetable sales business. Gradually he grew and at present he has a large clientele.

He starts work at 6:30am; he opens his shop and brings out the products so his customers can choose. He’s had no difficulty in his business and with God’s help is making progress every day. He’s single and has two children. One is two-years-old and the other is six-years old; the older one attends public school.

He wants to use the loan to buy a display case and vegetables. His dream is to be able to buy a vehicle in order to sell his products in places that are farther away.
View original language description ↓
El cliente Luis vive en Playas. Comenzó hace 8 años trabajando en una empresa realizando maduración de banano, pero con un préstamo familiar, decidió establecer su propio negocio de ventas de legumbres, poco a poco creció y en la actualidad posee una gran clientela.

Trabaja desde las 6h30 abre su bodega y saca los productos para que escojan sus clientes. No ha tenido dificultad en su negocio y con la ayuda de Dios va progresando día a día. Es soltera, tiene 2 hijos uno de 2 y el otro de 6 años el mayor esta en escuela fiscal.

Con el préstamo quiere comprar una vitrina, legumbres. Su sueño es poder comprar un vehículo para poder realizar la entrega de mercadería a otros lugares mas distantes.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,467,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Luis Americo to buy a display case, vegetables and several other products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 13, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2014