Funded

Total loan: $900
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Abel Rodolfo


A loan of $900 helped flour, lard.


Abel Rodolfo's story

Abel is 55 years old and has a bakery where he also sells some groceries of primary need. He lives in a densely populated suburb of Guayaquil where the majority of the inhabitants are merchants. He saw the necessity of having a business 10 years ago because he had five young children, but since he was living in Valsar (a village outside of Guayaquil) he did not have a lot of opportunities. When his children graduated he went to live in Guayaquil and since he couldn't find work he decided to start his bakery and stocked it with some groceries so he could attract more people. He currently works from 4 p.m. to 5 p.m. making dough for his bread and on the following day he starts selling the breads from 5:30 a.m. until 10 a.m. With the loan he wants to purchase flour and lard so he can make more bread for his business. In the future he wants to finish construction on his home and make improvements to his bakery.

Translated from Spanish by Kiva volunteer Marty Greenstein



Loan details

Loan length:

15 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.