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Julio Lauro
Julio is 37 years old and is an informal salesman of various items in the streets of Guayaquil. He lives in part of the suburbs of Guayaquil.

Since he was young, he started to work as an informal salesman in order to have his own money and to help his parents with their family's expenses. Now he works with other people, as a group of merchants selling electronic items and other products. He works every day, including holidays, in order to provide for his wife and 11 year-old daughter.

In order to continue making sales, he wants to use this loan to buy toys, lamps, and umbrellas to sell. In the future, he would like to build his house better and to have more customers, in order to give his family a better life.
View original language description ↓
Julio de 37 años, el es vendedor informal de productos y artículos en las calles de Guayaquil, vive en la parte del suburbio de Guayaquil.

Desde pequeño el comenzó a trabajar como comerciante informal para tener su propio dinero y ayudar a sus padres con los gastos familiares, ahora el trabaja con otras personas como grupos de vendedores de artículos electrónicos y productos. Trabaja todos los días incluso en feriados para poder mantener a su esposa e hija de 11 años.

Para seguir vendiendo el quiere comprar con el préstamo juguetes, lámparas y paraguas para sus ventas, en el futuro quiere construir mejor su casa y tener mas clientes para darle una mejor vida a familia.

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
  • 28
    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 Julio Lauro to buy toys, lamps, and umbrellas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 13, 2010
Sep 19, 2010
Currency Exchange Loss:
Oct 15, 2011