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Emilio Fausto
Emilio lives in Quevedo. He started out with some savings he accumulated from his previous job. Over time, he was able to buy a machine for making ice cream. He currently travels through the streets of Quevedo in order sell ice cream. With the ice cream machine he purchased, he works from 8:00 A.M. to 5:00 P.M.

His difficulty is being able to look after his children since he is separated from his wife. Emilio is single and has five children, all of whom are attending a state school. With this loan, he will buy a compressor so that he can sell more ice cream. His dream is to repair his house and provide for his children’s education.

View original language description ↓
El cliente Emilio vive Quevedo. Comenzó con un ahorro que tenia de su trabajo anterior. Poco a poco pudo comprar la máquina para elaborar sus helados. En la actualidad recorreo las calles de quevedo vendiedo helado ya que puedo comprar una maquina de helados y trabaja desde las 8h00am a 17h00.

La dificultad de él es el cuidado de sus hijos ya que es separado de su esposa, es soltero, tiene 5 hijos los cuales todos están en escuela fiscal.

Con el prestamo quiere comprar un compresor para tener mas venta de helado. Su sueño es arreglar su casa y poderle dar a sus hijos el estudio.

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
  • 60
    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 $675 helped Emilio Fausto to buy a compressor for making ice cream.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 10, 2013
May 15, 2013
Currency Exchange Loss:
Mar 27, 2014