Funded

Total loan: $1,200
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Samuel Onorio

Ecuador
Guayaquil (Isla), Ecuador / Construction Supplies

A loan of $1,200 helped to buy iron.


Samuel Onorio's story

Samuel C., 40, lives in the outskirts of Guayaquil in one of the few area that has water, drainage, paved streets, and electricity. His house is concrete. He began his work history working as a locksmith. There, he learned many things including welding skills. Due to his family's low income, he has had to continue with this line of work. He works welding iron from 8am until 5pm. He buys iron at $1,000 and sells it at $1500. One of the difficult things about his job is transporting the iron. Samuel is in a common-law relationship with his wife, who is a housewife. They have three children, an 8-year-old and a 6-year-old, who are in public elementary school, and a 14-year-old, who is in public secondary school. With the funding he will buy more iron in order to enlarge his business. In the future, he would like to set up a different business so that he can have time to study his children and learn from them and also help to have better economic stability and health.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

15 months
Disbursed date: November 23, 2009
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: November 23, 2009
Facilitated by Field Partner: Banco D-MIRO S.A.