Funded

Total loan: $625
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Lenny

Ecuador
Guayaquil, Ecuador / Home Products Sales

A loan of $625 helped buy products at wholesale quantities.


Lenny's story

Lenny sells sheets, comforters, curtains and plastic items. He started his business with the help of his sister who loaned him 100 dollars he initially invested. He began selling sheets door to door. Now he continues to offer sheets, along with towels and other items for the home.

Lenny would use the loan to invest in buying stock wholesale, which would yield better earnings. He has the aspiration to improve his business in order to save and enjoy a better quality of life. He has faith that with this new investment his business will move forward. Lenny is 32 years old and married, with 2 children.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Lenny tiene venta de sabanas, edredones, toldos y articulos plásticos. Lenny empezó su negocio con la ayuda de su hermana quien le facilito la cantidad de 100 dólares para su inversión. Se inicio vendiendo solo sabanas puerta a puerta. Ahora el continua ofreciendo estos productos junto con toallas y demás articulos para el hogar. Lenny usara el préstamo para invertir en comprar mercadería al por mayor y así obtener mejores ganancias. El tiene la aspiración de que su negocio mejorara para ahorrar y tener mejor calidad de vida. El tiene la fe que con estos nuevos ingresos su negocio saldrá adelante. Lenny es Padre de dos hijo, esta unido, tiene 32 años.

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:

10 months
Disbursed date: February 24, 2007

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: February 24, 2007