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Alex Antonio
This borrower lives in the city of Libertad. He began selling milk in his neighborhood and did very well, so he decided to become more involved in his business. Later on, he bought more merchandise to expand his store. He purchased cured meats and other products. The borrower works every day of the week and has the help of his wife. They have a young child. In the future, he wants to have his own shop in the central part of the city.

For now, the borrower is requesting a loan in order to buy dairy products, such as milk and yogurt, as well as mortadella.

View original language description ↓
El cliente vive en la ciudad de Libertad. Empezó a vender lecho por el sector y como le fue bien, decidió involucrarse más con el negocio. Luego compró más mercadería para ampliar su tienda, comprando embutidos y otros. Trabaja todos los días de la semana y lo hace también con la ayuda de su esposa. Tiene un hijo menor de edad. Desea en el futuro poder tener su propio local en el centro de la ciudad. Ahora requiere el préstamo para la compra de lácteos como leche y yogurt y además mortadela.

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
  • 80
    View loans »
    Ecuador Loans Fundraising
  • $25,065,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,625 helped Alex Antonio to buy milk, yogurt, and mortadella.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 11, 2013
Sep 1, 2013
Currency Exchange Loss:
Oct 1, 2013