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Hector Colon
Héctor, age 61, is single and has three children. He has always liked cars, starting when he was little. Therefore, ever since he was a very young man he worked as a mechanic’s assistant. Héctor liked to fix cars, so he became independent 15 years ago.

He now has his own mechanic shop. He works alone, but when he has big jobs he hires helpers. He works from 6:00 a.m. until 5:00 p.m. He wishes to buy more tools and to hire more people for his shop. He wants to use the loan to buy more tools and to have the money to hire helpers.
View original language description ↓
Héctor tiene 61 años de edad estado civil casado tiene 3 hijos desde pequeño siempre me gustaban los carros por eso desde que era muy joven trabaje como ayudante de mecánica. a Héctor le gustaba arreglara carros ,por eso desde hace 15 años atrás el se independizo y ahora tiene su taller de mecánica por ahora El trabaja solo ,pero cuando una toca hacer trabajos grandes contrato ayudantes. Ya que trabajo de 6.00am hasta 5:pm el anhelo es comprarme mas herramienta y contratar más personal para el taller Con el préstamo quiere comprar :más herramientas y también capitalizarlo para contratar ayudantes

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
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,075 helped Hector Colon to buy more tools and to hire helpers.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 8, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012