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Italo Gabriel
Italo is 42 years old and has a small school/office supplies store based from his home and sells morocho dessert. He lives in an urban area called Guasmo characterized by the fact that most people are traders.

With some savings he started to buy office supplies for his business. He adjusted his house at the front and set up his product. Slowly through the years he has stocked it. He sells morochos dessert because his dad used to sell them and showed him how to make them so that this activity stays alive in the family. With the loan he wants to buy toys, notebooks, pens for his supplies store.

In the future he wants his store to be one of the biggest ones and to continue with the morocho dessert sales.
View original language description ↓
Italo de 42 años, tiene una pequeña papelería en su casa y vende morocho (postre). Vive en una zona periurbana llamada Guasmo caracterizada porque la mayoria de las personas son comerciantes informales.

Con unos ahorros él comenzó a comprar papelería para tener su propio negocio. Readecuo su casa en la parte delantera y ubico su papelería. Poco a poco durante estos años la ha surtido. También vende morochos ya que su papa vendía y le enseño para que no se pierda esta actividad en la familia. Con el préstamo quiere comprar juguetes, cuadernos, plumas para su papelería.

En el futuro quiere que su papelería se a una de las más grandes y continuar con las ventas de morocho.

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
  • 74
    View loans »
    Ecuador Loans Fundraising
  • $25,019,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Italo Gabriel toys, notebooks and pens.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 19, 2010
Dec 1, 2010
Currency Exchange Loss:
Jan 15, 2012