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Hito Lorenzo
Hito is 49 years old, married and he has children that are going to school. Hito mentions that he started selling newspapers, but then he started a grocery store in his house, which is the way he supports his and his family's life. His wife helps him with the business, they wake up at 6:00 am, take their children to school and then, at 07:00 pm, he opens the store.

He hopes that his business can grow more and to be able to stock it with more products. With the loan he will buy more groceries like rice and sugar, as well as improve his house.
View original language description ↓
Hito tiene 49 años estado civil casado tiene hijos.Hito cuenta que empezó vendiendo periódico , pero después se puso una tienda de víveres en su casa pues eso es lo que ahora es su sustento de vida para El y su familia . Su esposa le ayuda con el negocio el se levantan a las 6:00am a dejar a sus hijos a la escuela y luego a las 7:00am abre su negocio. El anhela que su negocio crezca más y poderlo surtir con mas productos. Pues con el préstamo comprar más alimentos, como el arroz, el azúcar y para mejorar su casa etc.

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
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $775 helped Hito Lorenzo to buy more groceries, such as rice, sugar and to improve his house.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 8, 2012
Nov 1, 2012
Currency Exchange Loss:
Nov 30, 2012