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Mariano
Mariano has worked out of a cabinetry workshop in his home for two years. He gained his experience working with family members from the time he was 13 years old. He started his business with a loan sent from Spain by his sister. With that loan Mariano bought unfinished coffins; he works to finish them. His wife creates the upholstery inside the coffins. Mariano has 3 clients to whom he sells his finished products. His work hours are 7:30 a.m. to 6:30 p.m.

Mariano is applying for a loan because demand for his products has increased; his current clients have been referring other potential buyers to him. He needs the loan to buy more unfinished coffins so that he can meet his new clients' demand and generate more income.

Mariano is 23 years old and married with a 3 year old daughter. He lives in his mother-in-law's house. He dreams of buying himself a plot of land with the earnings this investment will generate.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Mariano tiene un taller de ebanistería ubicado en su domicilio desde hace 2 años. Su experiencia la tiene porque trabajo con familiares desde los 13 años. Se inicio con su negocio con préstamo que le envió su hermana desde España. Con este préstamo Mariano compro ataúdes Semielaborados siendo su participación en darles Acabados. Su esposa le confecciona el tapizado interior del cofre mortuorio. Mariano tiene 3 clientes a quienes provee de sus productos terminados. Su atención es de 7:30 AM a 18:30 PM.

Mariano solicita un préstamo porque su demanda se ha incrementado, debido a que a quienes provee lo están refiriendo. Razón por lo que necesita crédito para comprar mas ataúdes semilaborados y cubrir la demanda de sus nuevos clientes y generar mas ingresos.

Mariano tiene 23 años es casado y tiene una hija de 3 años. Vive en casa de la suegra y tiene como anhelo comprarse un terreno con los ingresos que le generara la inversión en su negocio con el préstamo solicitado.

About Ecuador

  • $10,200
    Average annual income
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Mariano invest in more unfinished coffins.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 20, 2007
Listed
May 5, 2007
Currency Exchange Loss:
N/A
Ended:
Nov 9, 2007