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Oscar Fabian
Oscar is 27 years old. He has a child with his wife and they support each other working in their bakery. They live in a peri-urban area called Perimetral which is surrounded by a salt marsh.

Five years ago Oscar got married and had to get himself an income to support his family. Little by little, with experience and by making bread, he managed to buy machines and ovens to expand his business. Currently he buys raw materials such as flour, butter and eggs weekly to make bread and sweet pastries for his bakery. He works from 4.30am baking bread and serves until 6.00pm.

He will use his loan to buy a bread-making machine and an oven so that he can a larger volume of bread. In the future, he would like to have larger premises for his bakery and provide his family with a better life.
View original language description ↓
Oscar de 27 años, tiene un hijo con su esposa y se apoyan mutuamente trabajando en su panadería, viven en una zona periurbana llamada perimetral está rodeada de un estero salado.

Hace 5 años se caso y tuvo que conseguir un ingreso económico para poder mantener a su familia, poco a poco con experiencia y haciendo pan pudo comprar maquinas y hornos para ampliar su negocio. En la actualidad semanalmente compra materia prima como harina, mantequilla, huevos para hacer los panes y dulces para su panadería. Trabaja desde las 04h30m haciendo panes hasta que habré el negocio y lo atiende hasta las 18h00pm.

Con el préstamo quiere comprar una máquina para hacer panes y un horno para hacer con un mayor volumen. En el futuro quiere tener un local mas grande para su panadería y darle una mejor vida a familia.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $26,686,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Oscar Fabian to buy a bread-making machine.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 20, 2010
Nov 21, 2010
Currency Exchange Loss:
Oct 23, 2011