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Segundo Galo
Segundo Galo, who goes by his middle name, is 54 years old. He lives near the city of Latacunga, Ecuador, with his wife and four children. His children are aged 31, 24, 26 and 25 years old. Galo also has several grandchildren. He is a cheerful person who gets along well with his neighbors and always works hard to provide the best he can for his children.

Galo makes and sells typical Ecuadorian food. His specialty is “cuero”, a popular food made with the fried skin sections of pork. In the photo, Galo is holding a bag full of cuero cut into squares and ready to bring to the market to cook and sell. He also sells popular accompaniments such as potatoes and beans. He sells his wares at fairs and parties across the province. Galo has been running his business with his wife for 12 years. He is seeking this loan to buy more products to make and sell. Thanks to past loans, Galo reports that he has been able to invest in his business and watch it grow incrementally. In the future, he wants to work hard and buy a cart so that he can sell more of his wares. Galo appears in this photo with his wife and some of his grandchildren.

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
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Segundo Galo to invest in his food production business by purchasing more pork, beans and potatoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012