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Willan Osvaldo
Willan Osvaldo, who goes by his middle name, is 29 years old and lives near the city of Ibarra, Ecuador. He is unmarried and has two children aged four years, 5 months and one year, eight months, respectively. Osvaldo is the kind of man who gets along with everybody. Osvaldo and his brother make bricks. They complete the process from start to finish, forming the bricks and baking them in their large brick oven. Osvaldo began his business with a small amount of credit 10 years ago. Since then, he reports that he owes his business, his house, and his life, as he knows it to the opportunity afforded to him by his first loan. He did not have the capital to start the business. Osvaldo has many dreams for the future. He wants to continue making bricks. However, he sees expansion in his future. His goal is to buy land, build houses with his own bricks, and sell his houses.

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
  • 22
    View loans »
    Ecuador Loans Fundraising
  • $22,880,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Willan Osvaldo to buy brickmaking materials and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Jul 13, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012