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Daniel Augusto
This client is from Portoviejo. He started out selling brushes, pliers and other items and then started selling mobile phone cases and did very well so he decided to increase his stock to offer more accessories. He works every day at his base location and when he needs to go sell somewhere else his wife helps him take care of the business. He’s in a common law relationship and they have three daughters who attend the local public school. He needs the loan to buy cases, controls and memories for the business.
View original language description ↓
El cliente es de Portoviejo. Empezó vendiendo cepillos, pinzas y otros artículos; para luego vender carcasas de celulares donde le fue muy bien y decidió incrementar su stock para ofrecer más accesorios. Trabaja todos los días en su local domiciliario y cuando le toca salir a vender a otro sitio, su mujer lo ayuda atendiendo el negocio. Está en estado de unión libre y tienen 3 hijas que estudian en la escuela fiscal del sector. Necesita el préstamo para invertir en la compra de carcasas, controles y memorias para su negocio.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Daniel Augusto to buy cases,memories and controls.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 4, 2014