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Angel Alfredo
Ángel has an auto body repair and paint shop in his garage at home. He lives with his wife and daughter in El Paraíso, a hilly periurban neighborhood in Guayaquil with unpaved streets.

For many years he worked with a relative that had a body shop but he wanted to become independent and have his own business so he refurbished his garage and set up an auto body and paint shop there 30 years ago. He works from 9am on repairing cars that have been destroyed in crashes.

He will use the loan to buy metal and pain to repair more cars. In the future he wants to have more customers to increase his work.
View original language description ↓
Ángel tiene un taller de ensamblaje y pintura de carros en el garaje de su casa, vive con su esposa e hija en el Paraíso de Guayaquil (zona periurbana, con caminos de tierra y las casas están ubicadas en montañas).

El trabajo por muchos años con un familiar que tenia un taller de enderezadora pero como quería independizarse y tener su propio negocio readecuo su garaje y ubico un taller de enderezado y pintura de carros hace 30 años. Trabaja desde las 09h00am arreglando carros destruidos por choques.

Con el préstamo quiere comprar latas y pintura para arreglar mas carros, en el futuro quiere tener mas clientela para incrementar 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
  • 68
    View loans »
    Ecuador Loans Fundraising
  • $26,542,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Angel Alfredo to buy metal and paint.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 5, 2010
Oct 25, 2010
Currency Exchange Loss:
Nov 19, 2011