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Byron Oliver
Byron was born in Simón Bolívar and currently lives in Milagros. He is 18 years old and he lives with his parents. When he finished high school, he began his business with an advertisement in the newspaper.

"Without money, but with a desire for self-improvement, I began working at a distributor. My schedule was only in the morning. Later I offered products to friends and family members to gather the necessary capital to rent a business space."

He doesn't have a set schedule, but he keeps his business open from Monday to Sunday. He mainly sells smoothies made from vegetarian products and tea. Since his business space is rented, he tells us that the main inconvenience in his area are the drunks because of the noise that they make. He is going to invest the loan in products for his smoothies, tea, and aloe.
View original language description ↓
Byron nació en Simón Bolívar, actualmente vive en Milagros. Tiene 18 años de edad vive con sus padres. Cuando termino el colegio empezó su negocio por un anuncio en el periódico. Sin dinero pero con el deseo de superarme comencé a trabajar en una distribuidora, mi horario era solo por las mañanas. Luego ofrecí los productos a amigos y familiares para reunir el capital necesario y alquilar un local. No tiene horario fijo pero mantiene su negocio abierto de lunes a domingos. Principalmente vende batidos a base de productos vegetarianos, te. Como su local es alquilado nos cuenta que en la zona su principal inconveniente son los borrachos por la bulla que hacen. El préstamo lo va a invertir en la compra de productos para sus batidos, te y aloe.

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
  • 29
    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 $850 helped Byron Oliver to purchase products for smoothies and aloe.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 23, 2012
May 3, 2012
Currency Exchange Loss:
Aug 19, 2013