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David
David has a shop in the market where he sells plasticware and a variety of other products. He began his business with merchandise his parents provided to help him get established in life. At first he just sold his plastic products door-to-door. But with a lot of effort David obtained a stall at the market where he sells plastic goods for the home. In addition, he sells school supplies and toys for kids. His business also includes a black-and-white photocopy service which he provides with an old machine that he bought second hand. David will use the loan to invest in wholesale school supplies since the new school year will start soon. He will continue to invest in other products to provide a diverse inventory for his customers. He is sure that with these new products his business will grow. David is 28 years old, single and has a son. He depends entirely on his business to support his family.
David is sure that this loan will give his family financial security and will allow him to save for his son's education.

Translated from Spanish by Kiva Volunteer Julie Lerch

David tiene un local en el mercado donde vende plásticos y todos tipos de articulos varios.
El empezó su negocio con mercadería que le facilitaron sus padres para que el pueda salir adelante en su vida. Al principio solo vendía novedades en plásticos puerta a puerta. Pero con mucho esfuerzo David a puesto un local en el mercado local donde vende productos plásticos para el hogar. Ademas el vende materiales escolares y juguetes para niños. Su negocio también consiste de servicio de foto copias en blanco y negro que el ha podido realizar con una maquina vieja que compro de segunda mano.
David usara el préstamo para invertir en materiales escolares al por mayor dado a que el año escolar nuevo empieza pronto. El seguirá invirtiendo en otros productos también para tener un diverso inventario para sus clientes.
El tiene la seguridad que con estas nuevas variedades su negocio va ha tener un crecimiento.
David tiene 28 años, esta soltero tiene un hijo. El depende completamente del negocio para apoyar a su familia. David tiene la confianza que este préstamo le dará seguridad económica a su familia y le permitirá ahorrar para la educación de su hijo.

About Ecuador

  • $10,200
    Average annual income
  • 12
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped David invest in school supplies and other wholesale products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2007
Listed
Mar 8, 2007
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2007