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Franklin Fernando
Franklin lives in the city of Portoviejo, which is located on Ecuadorian coast. Ten years ago, he started a business of selling ice pops. He began selling from home by purchasing a few cases since demand was very low. As time passed, he decided to buy a portable cooler and began traveling to different areas of the city. At first he found it to be difficult because most of his time was spent on promotions, but now he has established customers who visit him and buy his product by the packet.

Franklin works alone and his earnings are only enough to cover his expenses, so he is not able to hire an assistant. His loan will be used to buy ice pops in packets that he will sell individually or by the case. In the future, he would like to grow his business even more so that he can provide a better future for his family.

View original language description ↓
Franklin vive en la ciudad de Portoviejo la cual pertenece a las costas ecuatorianas del país. Hace 10 empezó su negocio de el cual es la venta de bolos, en sus inicios solo vendía en su domicilio por lo que compraba pocas fundas ya que la demanda era muy baja. Con el pasar del tiempo decidió comprar una hielera portátil con lo cual empezó a recorrer diversos sectores del la ciudad, al principio se le hizo un poco difícil ya que se dedico en su mayor parte a la promoción ahora tiene clientes fijos a los que visita y vende el producto por paquetes. Franklin realiza solo lo recorridos ya que las ganancias le permiten cubrir solo sus gastos pero no podría pagar un ayudante. Con el crédito va a comprar bolos por paquetes para su venta ya sea en unidades o en fundas. Le gustaría a futuro poder crecer más en el negocio para darle un mejor futuro a su 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
  • 43
    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 $1,075 helped Franklin Fernando to buy ice pops to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 11, 2012
Jul 19, 2012
Currency Exchange Loss:
Jul 17, 2013