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Aron Olivo
The client is from the city of Quevedo. He started this activity some time ago when his aunt helped him start his business selling plastic ware; to date he’s done very well. He’s managed to increase capital that he’s used to help his mother. He works with his wife every day from 8am until 7pm. He’s in a common law relationship and his wife helps him with his tasks even though she’s pregnant. She’s going to have a little girl shortly. He hopes in future to finish building his house and that his daughter is born in good health. He needs the loan money now to buy plastic ware and a display case for his business.
View original language description ↓
El cliente es de la ciudad de Quevedo. Empezó con esta actividad tiempo atrás, cuando su tía lo apoyó con el negocio de venta de productos de plástico, con el cual hasta la fecha le ha ido muy bien. Ha logrado incrementar su capital, con el cual le ha podido ayudar a su mamá. Trabaja con su esposo, todos los días desde las 8 am hasta las 7 pm. Se encuentra en estado de unión libre y su esposa le ayuda con sus labores, a pesar de que está embarazada. Va a tener una niña dentro de poco. Desea a futuro terminar de construir su casa y que su hija nazca con buena salud. Ahora requiere el dinero del crédito para la compra de artículos plásticos y una vitrina 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.

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About Ecuador

  • $10,200
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,522,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Aron Olivo to buy stock merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 31, 2014