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Jorge Ivan
Jorge is 18 and lives in Cotacachi with his parents. He is considered to be a happy, easygoing and entertaining person by his friends.

He works with his father planting tamarillos [tree tomatoes] and raising pigs. He began planting tamarillos 7 months ago but he has been raising pigs since he was a child.

This is the first time he has worked with FODEMI and he will use the loan to buy fertilizer by the quintales [units of weight equal to approximately 220 lbs or 100 kilograms] for the tamarillos and also to buy pigs.

With this investment, he will improve the quality of the tamarillos and will be able to increase his income, which will help to complete construction on his parent’s home.

His dream is for continued economic growth so that he will be able to go back to his studies since he had to leave school due to a lack of money.
View original language description ↓
Jorge tiene 18 años vive en Cotacachi con sus padres. Jorge se considera una persona alegre, tranquilo y divertido con sus amigos.

Trabaja con su padre en la siembra de tomates de árbol y en la crianza de cerdos, en la siembra de tomates empezó hace 7 meses y los cerdos tiene desde que era niño.

Es la primera vez que trabaja con FODEMI, el préstamo que solicita es para la compra de abono por quintales para su tomate y también lo va a utilizar para la compra de cerdos.

Con esta inversión mejorará la calidad del tomate y podrá mejorar sus ingresos que le ayudará a terminar la casa de sus padres.

Su sueño es crecer económicamente para poder reingresar a los estudios ya que se retiró por falta de dinero.

Additional Information

About FODEMI, a partner of World Vision International

FODEMI 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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Jorge Ivan to buy fertilizer for tree tomatoes and to purchase pigs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Sep 2, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012