Fausto is 44 years old and lives in Tulcán, Ecuador with his wife and their
two children, aged 22 and 14 years. He is cheerful, hardworking, humble, patient, and sociable.
Fausto is a carpenter and he is seeking his first loan
to purchase wood for his business. His art was taught to him by his father
and he has perfected his craft over the years through his business. Thanks
to his business, he is able to provide for his family. He works alongside his
wife and a hired assistant.
His business is established and is going well. He has a steady clientele that he serves. He hopes that this loan will help him expand his woodworking techniques and improve his work. His goal is to
grow professionally and expand his business by employing more people.
By hiring more workers, he hopes to help his community.
About FODEMI, a partner of World Vision International
FODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.