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Luis Miguel
Luis lives in the Suburbio sector of the city of Guayaquil. He started his business about 15 years ago selling toys and added more products as time went by. He currently sells everything related to home items and his customers are located in towns adjacent to the city of Guayaquil.

This loan will be used to invest in his minor children’s schooling costs. His dream is to have a sales spot in the market
View original language description ↓
Luis reside en la ciudad de Guayaquil en el sector del suburbio, comenzó su negocio hace 15 algunos años vendiendo juguetes, con el tiempo fue añadiendo otros productos, actualmente vende todo lo relacionado a los artículos para el hogar, sus clientes se encuentran el los pueblos aledaños a la ciudad de Guayaquil, este préstamo lo destinara para invertirlo en los estudios de sus hijos menores de edad, su sueño es tener un local en el Mercado.

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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Luis Miguel to pay for his children's schooling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 23, 2014