Check out some available loans that are similar to this one!
Julio Olmedo
Julio has a grocery store in Santo Domingo de los Tsachilas in the Santo Domingo canton. He is 33 years old, and he lives alone in the Puerto Limón parish. Don Julio, as he is called in the neighborhood, came to the Fundación Alternativa to request a loan. He wishes to buy more supplies for his store. That way he will expand the variety of products he offers his community.

Julio has a humble life, but he tells us that he enjoys his peace and quiet. His store stays open for night hours. His daily work day is at least 15 hours. Some years ago he suffered and accident while working as a field worker on a plantation. A stick hit his right eye causing an irreversible lesion and total loss of vision.

This has not been an obstacle because Juio continues his passion for sports. He currently plays volleyball with a group of friends. Also, he is the goalkeeper for a neighborhood soccer team.

Julio dreams of having his own house with a commercial space. Maybe he will have his own family in the future.
View original language description ↓
En Santo Domingo de los Tsachilas en el cantón Santo domingo se encuentra la tienda de abarrotes del señor Julio, un hombre de 33 años que vive sólo en la parroquia Puerto Limón. Don Julio como lo llaman en el barrio se acercó a Fundación Alternativa para solicitar un crédito ya que él desea comprar más insumos para su tienda y así ampliar la variedad de productos que ofrece a la comunidad.
Julio tiene una vida humilde pero nos cuenta que disfruta mucho de su tranquilidad, su tienda pasa abierta hasta horas de la noche por lo que su jornada de trabajo diario es de al menos 15 horas. Hace algunos años sufrió un accidente mientras trabajaba como jornalero en una plantación, un palo golpeó su ojo derecho causándole una lesión irreversible y pérdida total de la visión; esto no ha sido un obstáculo para que Julio siga su pasión por los deportes ya que actualmente juega vóley con un grupo de amigos y además es arquero de un equipo de futbol barrial.
Don Julio, sueña con tener su casa propia con local comercial, quizás en un futuro tenga su propia familia.

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

About Ecuador

  • $10,200
    Average annual income
  • 24
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Julio Olmedo to buy merchandise for his grocery store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012