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Carlos Telesforo
Carlos, 53, lives in Libertad; he has a home-based grocery store. He lives with his wife, Isabel, who sews for individuals. His children are adults and only one still lives with them; he attends public school.

He started out opening a small store in his neighborhood because there weren’t any at that time. He opened it six years ago and he’s done very well, so much so that he’s now been able to enlarge it. He works alongside his wife who says she keeps him company so that he won’t get bored. His work day isn’t too demanding since they are open from 8 in the morning to 7 at night every day.

Carlos comments that the best part is being able to control his own time so in days when he’s tired he doesn’t open and this is no problem. A short while ago they also started selling food at night and it’s having good results.

He will use the loan to buy merchandise for the store. Carlos tells us that his goal is to open a bicycle repair shop and two other businesses. We [Banco D-MIRO S.A.] believe that our couple has much ahead of them….Good Luck.
View original language description ↓
Carlos vive en Libertad y a sus 53 años de edad tiene una tienda ubicada en su domicilio. Vive junto a su esposa Isabel quien se dedica a la costura para personar particulares. Sus hijos son mayores de edad y solo uno vive con ellos y se encuentra cursando la escuela fiscal. Comenzó abriendo una pequeña tienda en su sector ya que no había en su momento ninguna. Hace 6 años que la abrió y le ha ido muy bien tanto así que ahora la a podido ampliar. El negocio lo realiza junto a su esposa quien dice acompañarlo para que no se aburra. Su jornada de trabajo no es cansada ya que abren a las 8 de la mañana hasta las 7 de la noche todos los días. Carlos nos comenta que lo mejor es poder tener control de su tiempo y por eso el día que se encuentra cansado no abre sin tener mayores problemas. Hace poco también empezaron la venta de comida en las noches y les está dando buenos resultados. Con el préstamo comprara productos para la tienda. Calos nos dice que su meta es poner un taller de reparación de bicicletas y otros dos negocios más. Sin duda nuestra pareja tiene mucho por delante…suerte.

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
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Carlos Telesforo to buy stock merchandise for his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 30, 2012
Jun 4, 2012
Currency Exchange Loss:
Jun 18, 2013