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Bosco Augusto
Bosco lives in the city of Portoviejo. He is a hardworking man who started his business selling merchandise from his home, such as handbags for women, pots, etc. Gradually, he increased his income, thanks to his hard work each day.

Now he works starting at 7am every day. He now sells clothing for men and women. Bosco is separated from his partner, but he has a son and 3 grandchildren who are now in school.

With this loan, he wants to buy handbags, kitchen appliance covers, pots, and kitchen utensils so that he can have enough income to keep working.
View original language description ↓
El cliente Bosco vive en la ciudad de Portoviejo, es un hombre trabajador que comenzó su negocio vendiendo de casa en casa mercadería como carteras para mujeres, ollas etc. Poco a poco mejoro sus ingresos gracias a su desempeño de trabajar todos los dias.

En la actualidad trabaja desde las 07:00am todos los días. Ahora también vende ropa para mujeres y hombres. Esta separado de su pareja pero tambien un hijo y tres nietos que actualmente estudian.

Con el prestamo quiere comprar carteras, forros, ollas, utensilios para la cocina para asi tener los suficientes ingresos para seguir trabajando.



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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,831,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,600 helped Bosco Augusto to buy handbags, kitchen appliance covers, and pots.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
N/A
Expired:
Jul 24, 2013