Funded

Total loan: $1,200
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Ervin

Ecuador
Guayaquil, Ecuador / Restaurant

A loan of $1,200 helped invest in his new location.


Ervin's story

Ervin is applying for his second loan with Kiva and Mifex. He is the head of a true family business where he, his parents and his brothers work selling ceviche and other popular seafood meals. He and his brothers travel to the fish markets before dawn in order to buy the freshest fish and seafood. His wife and his mother prepare the meals to sell to the local community by 7 am almost everyday.

With the first loan, Ervin was able to invest his money in food and eventually he used the profits to open a new location with his wife. He is now requesting the loan in order to invest in the new place. Ervin and his wife have three children, but the business support the whole L. family. Late last year, Ervin was paid a visit by one of the very first Kiva lenders named Tom. Read all about the visit and Ervin’s business here: http://baddogpip.blogspot.com/2006/12/mifex-neighborhoods-tres-trinitaria.html

Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.


Loan details

Loan length:

14 months
Disbursed date: January 29, 2007

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 29, 2007