Victor is 60 years old, married, and describes himself as a man with a positive attitude who likes to learn about everything. He used to be a taxi driver when he bought his first cow at age 30, and has been working with cattle ever since. He loves working with his cows, as they fill him with joy. He now owns three cows and has a newborn calf. With this, his first loan, he plans to buy another cow which would raise his level of income and better his quality of life. In the future, he hopes to continue to expand his cattle business and to take even better care of his beloved milk cows.
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.