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Oscar Bernardo
Oscar lives in the city of La Libertad, Ecuador. He worked several years as a bakery employee and was responsible for selling its products outside of the city. As a result, he learned how to make different types of bread. With the great amount of experience he acquired, he decided to start his own business, where he is in charge of the entire process – buying the raw materials, making the product, and selling it to the end consumer. Through great effort and dedication, he has been able to acquire a large number of customers and keep them happy with the products he offers from his shop.

For this reason, he is requesting a loan from Banco D-MIRO because he now plans to rent another shop along one of the main streets of the city. In order to offer high quality products, he will buy supplies that are also of good quality.
View original language description ↓
Oscar reside en la ciudad de La Libertad – Ecuador, hace varios años trabajo como empleado de una panadería que vendía sus productos fuera de la ciudad, así es como aprendió a realizar diferentes tipos de panes, luego de adquirir mucha experiencia del giro de esta actividad decide poner su propio negocio, donde el mismo realiza todo el proceso de Compra de materia prima, producción y venta al consumidor final.

Con mucho esfuerzo y dedicación a podido tener una gran cantidad de clientes que están contentos con los productos que se ofrecen en su local, es por eso que decidió realiza un préstamo en Banco D-MIRO porque ahora tiene como objetivo alquilar un local en una de las calles principales de la ciudad, para ofrecer productos de buena calidad comprando materia prima de calidad.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $26,686,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Oscar Bernardo to rent a shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 13, 2013
Jul 9, 2013
Currency Exchange Loss:
Jul 2, 2014