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Eucebio Ernesto
Eucebio is 53 years old. He sells clothes and 'morocho' (a corn-based dessert) in the streets of Guayaquil. He lives with his wife and children in the suburb.

He started his business selling clothes 15 years ago, working in a place called “Bahía” which is well known for its informal sellers. Since then he has been selling all kinds of clothes but 8 years ago, as he wanted to make additional income for his family, he decided to start selling a dessert called 'morocho'. With the help of a family member he bought a cart so that he could continue trading in the streets, selling not only clothes but also 'morocho'. He currently works from 9.00am to 4.00pm selling clothes. After he has finished selling his clothes he has a rest for a couple of hours then goes out again from 6.00pm to 10.00pm selling 'morocho'.

To continue with his business he would like to buy clothes and more corn for his 'morocho' so that he can make more income for his family. In the future he would like to have a bigger cart so that he can sell 'morocho' wholesale.
View original language description ↓
Eucebio de 53 años, vende ropa y morocho en las calles de Guayaquil, vive con su esposa y dos hijos en el suburbio.

Hace 15 años el comenzó con el negocio de venta de ropa recorriendo un lugar muy conocido por los comerciantes informales llamado “Bahía”. Desde ese tiempo vende ropa de todo tipo, pero hace ocho año como quería ingresos adicionales para su familia decidió vender un postre llamado “morocho” con la ayuda de un familiar compro una carretilla para seguir recorriendo las calles vendiendo no solo ropa sino morocho. En la actualidad trabaja desde las 09h00am hasta las 16h00pm vendiendo ropa. Descansa después de haber vendido ropa por unas horas y ha partir de las 18h00pm hasta las 22h00pm vendiendo morocho.

Para seguir con su negocio el quiere comprar ropa y el grano morocho para tener mas ingresos para su familia. En el futuro quiere tener una carreta mas grande para la venta al por mayor del morocho.

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 $1,200 helped Eucebio Ernesto to buy clothes and corn for making 'morocho'.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 8, 2010
Nov 8, 2010
Currency Exchange Loss:
Sep 15, 2011