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Gregori Pizza Group
In this Group: Byron Renan, Alba Nelly, Noemy Maria
The Gregori Pizza group is made up of three people; one man and two women. Byron is the president.

Byron is 31 and separated. He lives alone in Tabacundo, an hour away from Otavalo. Byron describes himself as a laid-back person, an entrepreneur unafraid of challenges.

He has worked in his Pizzeria for a year and a half. This is the first time that he has requested a loan from FODEMI, and he will use it for the purchase of the ingredients for making the pizzas that he will sell in his business.

With this loan, his business will grow considerably because it will increase his production and his income. His dream is to have a fast food chain (pizzerias) to improve his quality of life.
View original language description ↓
Gregori Pizza está conformado por tres personas los cuales son: 1 hombre y 2 mujeres, grupo del cual Byron es el presidente.

Byron tiene 31 años es separado vive solo en tabacundo a una hora de otavalo; Byron se describe como una persona tranquila, emprendedor y sin miedo a los retos.

Trabaja en su Pizzeria por un tiempo de 1 año y medio. Es la primera vez que le solicita créditos a FODEMI el mismo que será utilizado para la compra de los ingredientes para hacer las pizzas que va a vender en su negocio.

Con el crédito su negocio crecerá considerablemente porque aumenta su producción y mejorará sus ingresos. Su sueño es tener una cadena de comidas rápidas (pizzerias) para mejorar su calidad de vida.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

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 portion of Gregori Pizza Group's $950 loan helped a member to purchase ingredients for the pizzas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 12, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012