Funded

Total loan: $725
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Vergara

Ecuador
Guayaquil, Ecuador / Vehicle Repairs

A loan of $725 helped buy machinery for his workshop.


Vergara's story

Señor D. has a workshop for painting and repairing vehicles on a hired site opposite a bus station. He began his business when he branched out independently from the person who taught him his trade: with savings of $500 dollars he acquired his own machinery.

At first, he began repairing cars and carrying out locksmith work like doors and windows. Now he only specialises in the repair and painting of vehicles. With this loan, D. hopes to buy a welding machine that he needs in order to repair cars promptly and provide a better service for his customers.

D. is convinced that the purchase of this machine will increase the numbers of customers and with this extra income he will be able to construct a better house for his family and provide the economic stability that he has been looking for for so long.

D. is 47 years old and has a son who is studying. He is sure that his business will grow and improve his quality of life.

Translated from Spanish by Katy Long, Kiva Volunteer

El Sr. D. tiene un taller de pintada y enderezada de vehículos en un local que alquila frente a una estación de buses .el empezó su negocio cuando se independizo de la persona que le enseño el oficio con un ahorro de $500 dólares teniendo el su propia maquinaria.

Al principio empezó reparando carros y haciendo trabajos de cerrajerías como puertas y ventanas .Ahora solo se dedica a la enderezada y pintada de vehículos. Con este crédito D. aspira comprar una maquina autógena que necesita para reparar con prontitud y darle una mejor atención a sus clientes.

D. esta convencido que la compra de esta maquina aumentara la cantidad de clientes y con ese ingreso podrá construir una casa mejor para su familia y así dar estabilidad económica que ha buscado por tanto tiempo.

D. tiene 47 años, un hijo que estudia .el esta seguro que su negocio crecerá y mejorara su calidad de vida.


Loan details

Loan length:

10 months
Disbursed date: June 16, 2007

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: June 16, 2007