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Teodoro
Teodoro B. was born in Quevado, Ecuador and has lived in Guayaquil for nearly fifteen years now. He is married with five children and owns a small auto mechanic shop called Taller Mecánico B.. Teodoro rents a shop in an area called La Zona and would like to own this building someday. When he first started out as an apprentice mechanic in another shop, he always dreamed of growing his business to be one of the biggest in Guayaquil. His hours are 9am until 7pm Monday through Saturday. Mr. B. is requesting a $950 loan to be able to purchase materials most often used in the day-today management of his repair shop. Specifically, he needs to buy engine compressors, gauges, hoses, pumps, and a heavy duty set of power tools. Teodoro want prospective lenders to know that he has a specific plan for reaching out to new clients and intends on growing his business two-fold over the next year.

About Ecuador

  • $10,200
    Average annual income
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $950 helped Teodoro specifically, he needs to buy engine compressors, gauges, hoses, pumps, and a heavy duty set of power tools.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 14, 2006
Listed
Sep 19, 2006
Currency Exchange Loss:
N/A
Ended:
Apr 14, 2007