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Jaime is 64 years old and lives in the city of Latacunga in central Ecuador. He is married and lives with his wife Gladis. They have three grown children aged 38, 36, and 35 years old. Jaime is a responsible and peaceful person who likes to work. He is a cobbler who began his business by repairing shoes. He currently makes and repairs his own footwear.

Jaime reports that business is going well. He is seeking a loan to purchase materials to make shoes. Jaime has been working with microloans for eight years and says that they have helped him improve his house and send his children to school. His dream is to have his own brand of footwear.

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

  • $10,600
    Average annual income
  • 84
    View loans »
    Ecuador Loans Fundraising
  • $25,065,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Jaime to purchase materials to make shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 3, 2011
Jul 5, 2011
Currency Exchange Loss:
May 15, 2012