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Manuel Antonio
Manuel is 33 years old and lives in the city of Cotacachi in northern Ecuador. He is married and lives with his wife and their five children aged twelve, ten, seven, six, and two years, respectively. Manuel describes himself as hardworking, humble, and simple. He works with his wife and her cousins at his business making cement blocks.

Manuel reports that the business is going well and that they are currently selling 4,000 cement blocks a month. He is seeking his first loan to buy a machine to make blocks more efficiently and easily. He hopes that the loan will improve his quality of life and give them the ability to produce more cement blocks. In the future, he would like to have a larger store to sell the cement blocks and own a hardware store.

Additional Information

About VisionFund Ecuador

VisionFund Ecuador 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.

About Ecuador

  • $10,200
    Average annual income
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Manuel Antonio to buy a machine that helps him make cement blocks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2011
Listed
Jun 30, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012