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Julio B. owns a shop in Guayaquil, Ecuador selling meat. He started the business by borrowing some money from his brother, and he has been growing it consistently ever since. Every day Julio works from 7am until 11pm and makes most of his money by selling at the big market near his house. He also supplies some smaller stores with meat. Mr. B. and his wife want to invest in a new grill for filleting the steaks, which he does most often. Julio is 45 years old and was born in Santa Elena. He has one young son, and his family lives in a modest cement house. Julio is hoping that he can generate enough revenue to save up for a car to start doing deliveries to all the stores that purchase meat from him.

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About Ecuador

  • $10,600
    Average annual income
  • 88
    View loans »
    Ecuador Loans Fundraising
  • $25,046,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Julio mr. Bustamante and his wife want to invest in a new grill for filleting the steaks.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 1, 2006
Nov 15, 2006
Currency Exchange Loss:
Aug 12, 2007