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Julian is 34 years old, married, and has four children (ages 7, 5, 4, and 2). He and his family live in the city of Otavalo, which is located in the province of Imbabura in northern Ecuador. Julian describes himself as an enterprising person who strives to get better each day so that he and his family can move forward.

Julian works alone in his business of making handcrafted musical instruments. This is the second loan he is requesting from FODEMI and he will invest in the purchase of wooden tubes and a two-horsepower motor. This investment will be of a great help since the motor will allow him to optimize his time. As a result, Julian will be able to achieve good productivity that will lead to excellent results in his sales and his income.

His dream is to travel abroad in order to conduct cultural demonstrations with his musical instruments and to open an international market.

View original language description ↓
Julian tiene 34 años es casado y tiene 4 hijos de 7, 5, 4, 2 años de edad, vive con su familia en la ciudad de Otavalo que se encuentra en la provincia de Imbabura al norte de Ecuador. Julian se describe como una persona emprendedora que lucha por ser mejor cada día para poder salir adelante con su familia.

Julian trabaja solo en la elaboración de artesanías (instrumentos musicales). Es el segundo crédito que solicita a Fodemi el mismo que va a ser invertido en la compra de tubos de madera (tunda) y de un motor de dos caballos de fuerza; esta inversión le ayudará bastante ya que puede optimizar tiempo con el motor y obtener muy buena productividad teniendo buenos resultados en cuanto a las ventas e ingresos.

Su sueño es viajar al extranjero para poder demostrar su cultura con los instrumentos musicales y abrirse mercado internacional.

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

  • $10,600
    Average annual income
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Julian to buy wooden tubes and a motor for making musical instruments.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 10, 2011
Oct 23, 2011
Currency Exchange Loss:
Sep 15, 2012