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José Emilio
José is 27 years old and lives by himself in Tulcán, which is located in Carchi province in northern Ecuador. He describes himself as a shy, honest and hardworking person.

José works in an improvised workshop set up in his home, where he makes metal furniture. This is his fifth loan from FODEMI, and he will use it to buy a metal bending tool to save him time and money spent on materials. He will also buy a paint compressor, which will allow him to improve the quality of his work. This will make José more competitive in the market and able to generate better income.

His dream is to continue building his workshop until he is able to move it to a separate location and hire employees, so that his business grows at the same time as his economic wellbeing.
View original language description ↓
José tiene 27 años, vive solo en Tulcán que está ubicado en la provincia del Carchi en el Norte de Ecuador. Se describe como una persona poco tímida, muy honesta y trabajadora.

José trabaja en un taller improvisado en su casa, fabricando muebles de lata o de cualquier metal. Es el quinto crédito que solicita a Fodemi el mismo que va a ser invertido en la compra de una dobladora de lata que facilitará su trabajo optimizando recursos y tiempo, también va a ser la compra de un compresor para pintar lo cual le ayudará a tener productos de buena calidad, siendo competentes en el mercado y logrando buenos ingresos para el.

Su sueño es seguir trabajando en su taller y en un futuro conseguir un local y poder contratar personal para que su negocio crezca junto con su economía.

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
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped José Emilio buy a metal bending tool and paint compressor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 22, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012