Funded

Total loan: $1,000
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Ulices Arelio

Ecuador
Guayaquil (Guasmo), Ecuador / Home Products Sales

A loan of $1,000 helped purchase dresser drawers & modular storage cabinets.


Ulices Arelio's story

Ulices is 38 years old and lives in the urban area of Guasmo in Guayaquil. He has two children, ages 2 and 7. Ulices was previously employed at a furniture store, but he decided to become independent and use his remaining money to buy furniture to sell to his neighbors. Over time, he began buying more furniture and making a profit.

Ulices now has his own furniture store. He buys the furniture pieces from a factory and then sells them in his store. Every day he and his wife work together from 8am until 2pm. They sell modular storage cabinets, dresser drawers, and wooden beds. With this loan, he will buy dresser drawers and modular storage cabinets to sell in his business.

In the future, he wants to open more locations where he can sell furniture.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

13 months
Disbursed date: April 23, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: April 23, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.