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Pedro

Pedro has 14 years experience in the production of insecticides, following work with friends who made their living to support their families with this type of business. For 13 years, Pedro has taken on this business to make a living for himself and his family. His business is in his home, producing insecticides per client request. Pedro works 6 days a week, at which time he produces and delivers his product. The insecticides are used to kill rodents, cockroaches, ants, mosquitoes, and other. His wife helps him with the sales at home as neighbors purchase his product.



Pedro is applying for a loan to buy raw material and to make labels. He indicates that his sales have grown and that his current income does not cover for the increase in client demand.



Pedro is 47 years old and has four children who study. His wife helps in the business and considers that the loan will increase her husband’s income which will benefit their home and help meet his responsibilities.



Translated from Spanish by Martha Martinez, Kiva Volunteer.


Pedro tiene experiencia en elaboración de insecticidas 14 años porque trabajaba con unos amigos que tenían de sustento para sus familia este negocio. Desde hace 13 años Pedro tomo también este negocio como medio de vida para el y su familia. Su negocio esta ubicado en su casa produciendo insecticidas sobre pedidos. Pedro labora 6 días a la semana tiempo en que los produce y los entrega. Sus insecticidas son para matar roedores, cucarachas, hormigas, mosquitos y otros. Su esposa lo ayuda en la venta en casa porque vecinos le compra.



Pedro solicita crédito para compra de materia prima y elaboración de etiquetas. Indica además que sus ventas han aumentado y con capital que tiene no cubre la demanda de sus clientes.





Pedro tiene 47 años 4 hijos todos estudian. Su esposa lo apoya en su negocio y considera que con el préstamo su esposo generara más ingresos para beneficio de su hogar y poder cumplir con sus responsabilidades.

About Ecuador

  • $10,200
    Average annual income
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $375 helped Pedro to buy raw material for the production of his product/ Comprar materia prima para la elaboracion de su producto.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 17, 2007
Listed
May 2, 2007
Currency Exchange Loss:
N/A
Ended:
Nov 9, 2007