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Julio Alfonso
Julio is 26 years old and sells bread in the streets of Paraíso. He lives in the semi-urban zone of Paraíso de Guayaquil, which is known for its dirt roads and mountains.

He started his business six years ago, when he discovered the ability he had for making bread. Little by little, he began to work to sustain his family. Now he works distributing bread from 6:00AM until 2:00PM, and after he works until 9:00PM making bread for the following day.

He would like to use this loan to buy food supplies like rice, sugar, and flour, in order to set up a small store and thereby ensure the future for his wife, who is now pregnant. In the future, he would like to fix up the location.
View original language description ↓

Julio de 26 años, es vendedor de panes en las calles de Paraíso, vive en una zona periurbana en el Paraíso de Guayaquil zona caracterizada por sus caminos de tierra y montañas.

Inicio el negocio hace 6 años atrás cuando descubrió la habilidad que tenia para hacer panes, poco a poco comenzó a trabajar para mantener a su familia. Ahora trabaja desde las 06h00am hasta las 14h00pm repartiendo pan y después hasta las 21h00pm haciendo panes para el siguiente día.

El quiere comprar con el préstamo víveres como arroz, azúcar, harina para crear una pequeña tienda y asegurar el futuro de su esposa ya que esta embarazada. En el futuro quiere arreglar el local.

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
  • 59
    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 $1,000 helped Julio Alfonso to buy rice and sugar.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Aug 26, 2010
Sep 23, 2010
Currency Exchange Loss:
Oct 15, 2011