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Nicolas Agapito
Nicolas lives in Guayaquil. He started because he needed the money to pay for the family’s expenses. He started by renting a ‘tricimoto’ [motorbike with a cart in back for passengers] in order to be able to transport people and to earn $0.25 for ride. He improved his income little by little. In time he bought a tricimoto, and he currently works by himself all day.

The difficulty that he has in his work is the crime that is in the areas where he works.

He is currently in a common-law marriage, and his wife is a housewife. He has two children, and they attend public school.

He wants to use the loan to buy tires and metal to fix the rims. His dream is to buy another tricimoto and to have it in a cooperative.
View original language description ↓
El cliente Nicolas vive en Guayaquil. Empezó porque necesitaba el dinero para sustentar los gastos de su familia. Comenzó alquilando una tricimoto para poder trasportar a las personas y ganar $ 0.25 por carrera. Poco a poco mejoro sus ingresos y con el tiempo se compro una tricimoto, en la actualidad trabaja solo todo el día.

La dificultad que tiene en su labor es la delincuencia que hay en los sectores por donde él hace los recorridos. Esta actualmente con su pareja en unión libre ella es ama de casa, tiene 2 hijos los cuales están en escuela fiscal.

Con el préstamo quiere comprar llantas y metal para arreglar los aros. Su sueño es comprar otra tricimoto y tenerla en una cooperativa.

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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $26,705,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Nicolas Agapito to buy tires and metal to fix the rims on his motorcycle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 17, 2013
May 12, 2013
Currency Exchange Loss:
Sep 4, 2014