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David
David lives in Quevedo. Almost everyone in his family has the same business: selling corn on the cob. He started in this line of work when he was very young. He works with his wife from 7am until 4pm.

The difficulties he faces include the rain, his illness, and the periods of school vacations. He is married and his wife also works from his cart selling corn. David has 2 children, one of whom attends public school

With this loan, he wants to buy a cart to sell corn. This way, he could have more access to customers and thereby increase his income. In the future, he wants to fix his house.
View original language description ↓
El cliente David vive en Quevedo. Casi toda su familia tiene el mismo negocio que es la venta de chochos (maiz) es por eso que empezó desde muy joven. Trabaja con su esposa desde las 7h00 hasta las 16h00.

La dificultad que tiene es la lluvia, su enfermedad y cuando los alumnos están de vacaciones. Es casado su esposa también trabaja en su carrito vendiendo chochas, tiene 2 hijos en escuela fiscal solo esta uno.

Con el préstamo quiere comprar un carrito para la venta de chochos para poder asi tener mas acceso a clientela y asi mejorar sus ingresos. En el futuro quiere arreglar su casa.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,840,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped David to buy a delivery cart to sell corn on the cob.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 7, 2014