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Leonel Favian
Leonel, 36, is married, has a five-year-old son and his wife is expecting a baby. Leonel is a street vendor who sells shoes and sneakers Monday through Sunday. He must walk very far to sell his merchandise. He sells to the tourists who visit the beach called La Ruta del Sol, which is very well-known by both national and international visitors.

He plans to use the loan to buy shoes and sneakers. His goal is to have a shoe store one day so his wife can run it; although he would not quit walking along la Ruta del Sol to offer his merchandise, which he says he does with great effort and not little talent. The impossible is possible.
View original language description ↓
Leonel tiene 36 años es casado tiene un niño de 5 años y su esposa esta embarazada. Leonel se dedica a la venta de zapatos y zapatillas. Su trabajo lo hace solo de lunes a domingo todo el día el, es vendedor ambulante, ya que tiene que caminar mucho porque no tiene un local para vender las zapatillas el les vende a los turistas que van a este sector de la playa que se llama La Ruta Del sol, es un sector muy conocido por los turistas nacionales y extranjeros.

Con el prestamo quiere comprar zapatos y zapatillas. Su meta es tener un local de zapatos para que su esposa atienda el negocio aunque no dejaría de caminar por el sector de la ruta del sol para ofrecer su mercadería él dice que con esfuerzo y algo de talento, lo imposible puede ser posible.

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
  • 77
    View loans »
    Ecuador Loans Fundraising
  • $25,604,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Leonel Favian to buy shoes and sneakers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 26, 2012
Sep 27, 2012
Currency Exchange Loss:
Jun 18, 2013