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Julia Piedad
Julia, 58, lives in a periurban area in El Suburbio, Guayaquil; she sells prepared lunches from home. All of her children are married and she lives alone because she separated from her husband a few years back.

Julia started her lunch business when her children got married and she separated from her husband. Because she lacked income she decided to invest her savings in rice, vegetables, meats and seafood for her lunches. She started to home deliver them among her friends and neighbors and gradually her business grew.

Now she sells lunches using her home’s dining room where customers can come eat because she doesn’t have enough money to have a place to set up a restaurant.

She will use the loan to buy rice and seafood and she’ll use part of it to buy cement and concrete blocks to remodel her house.

She would love to have a place for her restaurant and a minimart in the future.
View original language description ↓
Julia de 58 años, vive en una zona periurbana en el Suburbio de Guayaquil, actualmente vende almuerzos en su casa. Ya todos sus hijos se casaron y vive sola ya que se separo de su esposo hace unos años atrás.

Julia empezó el negocio de almuerzo cuando sus hijos se casaron y cuando se separo de su esposo. Por la falta de ingresos decidió invertir sus ahorros en arroz, legumbres, carnes, mariscos para la venta de almuerzos, comenzó a repartir almuerzos a sus vecinos y amigos en sus casas, poco a poco fue creciendo su negocio.

Ahora ella vende almuerzo utilizando el comedor de su casa para que las personas vallan a comer porque no tiene un local para un restaurante por falta de dinero. Con el préstamo quiere comprar arroz, mariscos y también una parte del dinero quiere comprar cemento y bloques para remodelar su casa.

En el futuro quiere tener un local para su restaurante y también un minimarket.

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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Julia Piedad for rice, seafood, cement and concrete blocks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 16, 2010
May 10, 2010
Currency Exchange Loss:
May 18, 2011