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Cesar

Cesar is a blacksmith who owns a workshop where he and his three sons make metal doors, window frames and gates. The workshop is a family business that provides the main source of income for the household. Their mother works nearby at her small food market.



This is the second loan that Cesar is requesting from Mifex and Kiva. With the first he invested in large amounts of iron in order to produce at higher quantities. He and his sons got to work and have been able to increase their sales substantially. Cesar is happy that he has been able to provide work and money for himself and his kids. He expresses great gratitude towards Kiva because this is truly a family a business that he and his kids are dependent upon. He will use the second loan for the same purpose as his business continues to flourish and clients increase consistently.



Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Cesar invest in metal materials for his workshop where he makes gates, doors and window frames.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 27, 2006
Listed
Nov 12, 2006
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2007