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Danilo Xavier
Danilo is a quiet, hardworking person eager to get ahead. He is single and lives alone in the city of Ibarra in the Imbabura Province.

Danilo works with an assistant in a carpentry workshop. This is his 2nd loan with Fodemi which he will use to buy a new machine to varnish his products, an investment that will benefit the quality of his products. This in turn will increase the number of orders, sales and income and allow him to improve his quality of life and offer others the possibility of employment.

Danilo's dream is to have a family and own his own workshop as he is currently renting and he doesn't make good profits.
View original language description ↓
Danilo es una persona tranquila, trabajadora y con ganas de seguir adelante, es soltero vive solo en la ciudad de Ibarra en la Provincia de Imbabura.

Danilo trabaja con un ayudante en una carpintería, es su segundo crédito con Fodemi, el mismo que va a utilizar en la compra de maquinaria nueva para lacar sus productos, inversión que beneficiará a la calidad de su producción lo que producirá un incremento en los pedidos, ventas e ingresos económicos y así permitirá mejorar su calidad de vida y podrá ayudar a otras personas brindando trabajo.

El sueño de Danilo es tener una familia y tener su propio taller ya que actualmente está arrendando y no tiene buenas utilidades.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Danilo Xavier to buy a new varnishing machine as his current machine is in bad condition.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 17, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012