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Faustino Genaro
Faustino lives in Libertad Canton. He is 55-years old, is married and has grown children. Faustino made the decision to look for work to help his family get ahead. Since no companies offered him employment, he decided to put together the money to start a business selling food. Currently, his business is growing little by little, and he has a clientele. Faustino works alone in his business every day. With the loan, he will purchase food items, sodas and various vegetables etc. His goal is to have his own business and to finish construction on his home.
View original language description ↓
Faustino vive en el cantón libertad. Tiene 55 años. Es casado tiene hijos mayores de edad .El Toma la decisión de buscar trabajo para salir adelante con su familia y Como nadie le daba la oportunidad de trabajar en una empresa. Decide juntar dinero para dar apertura a su negocio de venta de comida .En la actualidad su negocio poco a poco creció hasta llegar a tener una clientela. Faustino trabaja en su negocio solo diariamente. Con el préstamo comprara alimentos, gasiosas, verduras varios, etc. su meta es poder tener su negocio propio y terminar de construir su vivienda.

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
  • $26,542,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Faustino Genaro to purchase sodas, food items and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Jan 15, 2013
Currency Exchange Loss:
Feb 25, 2014