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José is 54 years old, married, and has five children. He lives with his family in Ambato, which is in the central mountains of Ecuador. He describes himself as a friendly person who likes trusting the people in his neighborhood.

José works with his wife and children raising sheep in order to sell them later. This is the second loan he has requested from FODEMI. The money will be invested in the purchase of lambs to raise. When the animals reach adult age, they can be sold. This investment will be a benefit because he will be able to grow his business and have more income in the future to support his family.

His dream is to become a wholesale animal merchant.

View original language description ↓
José tiene 54 años, es casado y tiene 5 hijos, vive con su familia en Ambato en la Sierra Centro de Ecuador. Se describe como una persona amigable y le gusta confiar en las personas de su barrio.

José trabaja con su esposa e hijos en la crianza de borregos para posteriormente venderlos. Es el segundo crédito que le solicita a Fodemi, el mismo que va a ser invertido en la compra de crías de borrego para su crianza y cuando esten adultos para sacarlos a la venta; esta inversión le beneficia ya que crecerá su negocio y en un futuro podrá tener buenos ingresos para poder mantener a su familia.

Su sueño es poder convertirse en comerciante mayor de compra venta de animales.

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
  • 65
    View loans »
    Ecuador Loans Fundraising
  • $23,499,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped José to buy lambs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 22, 2011
Oct 14, 2011
Currency Exchange Loss:
Jun 15, 2012