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Julia Cruz

Update on Julia Cruz

Julia, 68, runs a grocery store out of her home. She lives in an area where most of the residents are merchants. She began her store 30 years ago and, fortunately, it has gone well. She works every day from 8:00 a.m. to 4:00 p.m. selling rice, canned goods, beverages, grains, etc. Julia is a widow and feels blessed to have been able to raise her children who are now adults. Her aspirations for the future include having a larger well-stocked store so she can generate more income.
View original language description ↓
Julia de 68 años, tiene una tienda de víveres en la parte delantera de su casa. Vive en una zona caracterizada porque la mayoría de sus habitantes son comerciantes.

Hace 30 años empezó con su tienda y Gracias a Dios le ha ido muy bien. Trabaja todos los días desde las 08h00am hasta las 16h00pm vendiendo arroz, enlatados, bebidas, granos etc.

Julia es viuda y gracias a Dios ha podido sacar adelante a sus hijos que hoy en día son mayores de edad.

Sus aspiraciones para el futuro es que desea que su tienda este mas surtida y grande para producir un mayor ingreso.

Previous Loan Details

Julia, age 68, sells provisions from a store in the front part of her house. She lives in an area called Suburbio de Guayquil where most of the residents work as merchants. Thirty five years ago, this area did not have a store or any other place to buy provisions. For this reason Julia deci... More from Julia Cruz's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Ecuador

  • $10,600
    Average annual income
  • 31
    View loans »
    Ecuador Loans Fundraising
  • $26,538,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Julia Cruz to buy groceries and beverages.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 31, 2011
Nov 28, 2011
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Julia Cruz. It was first posted on Kiva on Nov, 2010. Learn More