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Segundo Nicolas
Segundo is 50 years old and lives in Machachi, which is near Latacunga, with his wife and three children (ages 17, 15, and 12). He is considered to be a person of strong and upright character.


He and his wife shine shoes at the park in Machachi. They have a post from the association where they have worked for two years.


This is the first time Segundo has worked with FODEMI. He is requesting a loan so that he can buy a location from the association so that he and his wife can continue to work. By having this location, they will be able to generate more income for their family and improve their quality of life.


Segundo dreams of attracting more customers so that he can generate more income and finish the construction of his house.

View original language description ↓
Segundo tiene 50 años vive en Machachi cerca de Latacunga junto con su esposa y sus tres hijos que tienen 17,15,12 años, se considera una persona de caracter fuerte y recto.

Trabala lustrando zapatos (limpiando zapatos) con sus esposa en el parque de Machachi tuvo su puesto en la asociación hace 2 años.

Es la primera vez que trabaja con FIDEMI, solicita el crédito para la compra de un puesto e la asociación para que ahí trabaje su mujer, gracias a este puesto tendrían un ingreso mas en su familia y mejoraría su calidad de vida.

Su sueño es incrementar su clientela para que le genere más ingresos y poder terminar de construir su casa.

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
  • 38
    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 $450 helped Segundo Nicolas to acquire a location for his shoeshine business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012