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Vicente Agrecio
Vicente P., 53 years old, lives in a peri-urban area on the perimeter of Guayaquil. His house is made of cement and has all basic services. He is a widower with two children.

Vicente started out working for a shoe store, making shoes and sneakers. When he was let go, he decided that the best way to ensure his own income was to have his own shoe business.

He reached his goal 30 years ago, becoming a shoemaker and maintaining a small shop. He works from 7:00 a.m. to 8:00 p.m. every day. He makes shoes but also repairs them. With the loan, he wants to buy starch, soles, and foam to produce more shoes.

In the future, Vicente wants to have a large shop with industrial machines and employees to help him with the work.
View original language description ↓
Vicente Págalo de 53 años, vive en una zona periurbana en la Perimetral de Guayaquil, su casa es de cemento y cuenta con todos los servicios básicos, es viudo con 2 hijos.

Vicente comenzó como empleado de un almacén de calzado haciendo zapatos, zapatillas, cuando lo despidieron el decidió que la mejor forma de tener sus propios ingresos era teniendo su propio negocio de calzado.

Cumplio su meta hace 30 años atrás siendo zapatero y teniendo su local pequeño. Trabaja desde las 07:00 am hasta las 20:00 pm todos los días. El hace zapatos pero también los arregla. Con el préstamo quiere comprar almidón, suelas, espuma por metro para elaborar más zapatos.

Vicente quiere en un futuro tener un local grande con maquinas industriales y tener empleados que le ayuden con el trabajo.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,600
    Average annual income
  • 71
    View loans »
    Ecuador Loans Fundraising
  • $25,584,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vicente Agrecio starch, soles, foam.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 4, 2010
Mar 22, 2010
Currency Exchange Loss:
Jul 20, 2011