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Luis Alberto
This borrower resides in the city of Libertad. He began his business on the beach in Santa Rosa by buying fish to sell to the merchants. Since then, he decided to expand his market by selling in Guayaquil. The borrower works alone every day, starting in the early hours of the morning. He is single, but he has a girlfriend and three young children. In the future, he would like to have his own vehicle for transporting fish.

For now, the borrower needs a loan so that he can buy albacore tuna, bonito, and other types of fish that he can sell.
View original language description ↓
El cliente reside en la ciudad de Libertad. Empezó con esta actividad en la playa de Santa Rosa, comprando pescado para venderlo a los comerciantes. Desde ahi, decidió ampliar su mercado e ir a vender a Guayaquil. Trabaja solo, todos los días desde temprano en la mañana. Es soltero pero tiene novia y 3 niños menores de edad. A futuro desea tener su propio vehículo para poder transportar el pescado. Ahora necesita el crédito para la compra de albacora, bonito y otros tipos de pescado para su comercialización.

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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 60
    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 $1,100 helped Luis Alberto to buy albacore tuna, bonito, and other types of fish that he can sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 31, 2014