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Juan
Juan is a responsible and very hardworking person. He has a wife and 4 children with whom he lives in Latacunga, Sierra Centro, Ecuador.

Juan works in raising pigs and in agriculture. He began working as a child, as his parents taught him to be responsible from a young age. With the loan from Fodemi, Juan has been able to invest in the purchase of litters of pigs which he will raise, fatten and later sell. This is an investment that in the future will generate a profit for him and very good earnings, which will help him to purchase medicine, as his health is somewhat poor.

He hopes to one day have some pens for his pigs so they aren't running loose and more apt to be stolen. He also hopes to increase the number of animals he has so he can earn more and thereby improve his family's quality of life.
View original language description ↓
Juan es una persona responsable y muy trabajadora, tiene esposa y 4 hijos con los que vive en Latacunga que se encuentra en la sierra centro de Ecuador.

Trabaja en la crianza de cerdos y en la agricultura, empezó a trabajar desde que ra niño ya que sus padres le enseñaron a ser responsable desde pequeño. Con el crédito que Fodemi le ha ayudado va a invertir conprando crías de cerdo para poder criarlos y engordarlos para posteriormente sacarlos a la venta. Inversión que a un futuro le generará ganancias y muy buenos ingresos, estos le ayudarán para la compra de medicina ya que se encuentra un poco mal de salud.

Anhela llegar a tener unas chancheras para no tener a sus animales sueltos ya que le pueden robar, y así incrementar el número de animales para poder obtener buenos ingresos y así mejorar la calidad de vida de su familia.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,096,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Juan to purchase a litter of pigs to fatten and sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 27, 2012