Check out some available loans that are similar to this one!
Carlos Patricio
Carlos, 25, is single living with his sister in Atuntaqui which is 15 minutes from Ibarra in Imbabura Province. Carlos considers himself to be a hardworking, cheerful and supportive person who very much wants to get ahead.

Carlos works alone in the carpentry shop specifically making furniture. This is the second loan he’s requested from Fodemi and he will use it to buy lumber and varnish at wholesale, an investment that will be fruitful for Carlos because it will help him increase production and in future to have good income. His dream is to be able to acquire new machinery since technology continues moving forward; this will help his products be of better quality.
View original language description ↓
Carlos tiene 25 años, es soltero, vive con su hermana en Atuntaqui que está a 15 minutos de Ibarra en la provincia de Imbabura. Carlos se considera una persona trabajadora, alegre, solidario y con ganas de salir adelante.

Carlos trabaja solo en la carpintería específicamente en la elaboración de muebles. Es el segundo crédito que solicita a Fodemi el mismo que va a ser invertido en la compra de madera y laca al por mayor, inversión que será fructífera para Carlos ya que le ayudará a tener una muy buena productividad y en un futuro buenos ingresos económicos.

Su sueño es poder adquirir nueva maquinaria ya que hoy en día se ha incrementado la tecnología, esto le ayudará a que sus productos sean de mejor calidad.

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.

About Ecuador

  • $10,200
    Average annual income
  • 18
    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 loan of $800 helped Carlos Patricio to buy lumber and varnish at wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 20, 2011
Oct 25, 2011
Currency Exchange Loss:
May 15, 2012