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This borrower lives in the Orquídeas sector of Guayaquil. At a young age, he began working at a glass and aluminum shop. Since then, he has found this line of work to be interesting and very productive. In addition, he likes the idea of being his own boss. The borrower works with an assistant every day in his own workshop. He is married and his wife takes care of the household chores. All of his children are grown. In the future, he would like to travel with his family, visit his children, and increase his business even more.

For now, the borrower is requesting a loan so that he can buy materials and tools for his workshop.

View original language description ↓
El cliente vive el el sector de Orquídeas en Guayaquil. Desde pequeño empezó a trabajar en un taller de vidrio y aluminio, desde entonces le ha parecido una actividad interesante y muy productiva. Además le gusta la idea de poder ser él su propio jefe. Trabaja con su ayudante todo el día en su propio taller. Es casado y su esposa se dedica a las labores domésticas. Todos sus hijos son mayores de edad. En un futuro le gustaría poder viajar con su familia, visitar a sus hijos e incrementar aún más su negocio. Por ahora requiere el préstamo para comprar materiales y herramientas para su taller.

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

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Gustavo to buy materials and tools for his workshop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 12, 2013
Aug 7, 2013
Currency Exchange Loss:
Nov 20, 2014