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Julio Felipe
Julio is 28 years old. He is a taxi driver and works in the streets of Guayaquil, charging a very affordable fare. On average, his journeys cost between $1.50 and $8.00. He lives with his wife in a peri-urban area on the outskirts of Guayaquil called Duran which is noted for its deteriorating ecosystem.

One of Julio's friends lent him a car for him to convert into a taxi until he saved enough money to buy his own taxi. Over time, he managed to buy his own taxi and start working independently. He works from the afternoon into the night in order to support his wife.

Julio's house isn't well built because he hasn't managed to maintain it. As his wife is a housewife, he would like to provide her with a better quality of life. For this reason, he is taking this loan to buy cement, sand and paint. In the future, he would like to finish building his house and to buy a new taxi.
View original language description ↓
Julio de 28 años, es taxista y recorre las calles de Guayaquil con una taifa muy económica dando un promedio de carrera entre $ 1.50 hasta $ 8.00. Vive con su esposa) en una zona periurbana ubicada a las afuera de Guayaquil llamada Duran y caracterizada por su ecología de disolución.

Uno de los amigos de Julio le prestó un carro para que lo convierta en taxi hasta que el ahorre dinero para tener su propio taxi. Pasado el tiempo el pudo comprar un taxi y independizarse teniendo horarios desde la tarde hasta nocturnos ha trabajado para mantener a su esposa.

Su casa no está bien construida porque no ha tenido posibilidad de mantenerla ya que su esposa es ama de casa quiere darle una mejo vida por eso el quiere el préstamo para compara cemento, arena y pinturas. En el futuro quiere terminar de construir su casa y tener un nuevo taxi.





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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 11
    View loans »
    Ecuador Loans Fundraising
  • $22,566,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Julio Felipe to buy cement and paint.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012