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Gregorio lives in the city of La Libertad, Ecuador. At first, some years ago, he started selling chicken wings and kebabs. After some months, when he had gained some regular customers, they recommended that he set up his own restaurant. This is how he came to modify his house and set up a space there for his restaurant. This took a lot of effort and sacrifice on his part, and also on the part of his family, since his wife is part of this small business, which is now continuing to prosper. Gregorio decided to take a loan from Banco D-MIRO because now he wants to have another restaurant, this time located in the center of the city, to earn better incomes to support his family.
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El Sr. Gregorio reside en la ciudad de La Libertad – Ecuador, inicialmente hace algunos años vendió alitas de pollo y chuzos asados, después de varios meses al tener clientes fijos le recomendaron que se ponga un restaurante, es así como se las ingenio para modificar un poco su casa e instalo su local donde actualmente tiene un restaurante, esto ha sido el producto de mucho sacrificio y esfuerzo no solo de el sino también de su familia ya que su esposa forma parte de esta micro empresa que cada vez sigue prosperando, se decidió a realizar un préstamo en Banco D-MIRO porque ahora desea tener otro restaurante pero esta vez en el centro de la ciudad y asi tener mas ingresos para darle lo mejor a su familia.

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
  • 28
    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 $900 helped Gregorio to buy mass market consumer goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 13, 2013
Jun 25, 2013
Currency Exchange Loss:
Jul 2, 2014