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Fausto Rodrigo
Fausto is a calm, responsible person regarding his work and family. He lives with his wife and three children in the city of Latacunga in the province of Cotopaxi.

Fausto works with one of his sons in his vehicle metal-repair and paint shop. This work has allowed him to cover household expenses and give his children an education. This is his second loan through Fodemi and he plans to use it to buy tools for his workshop, which will help him provide better customer service. In this way, Fausto will be able to increase his customer base as well as his income.

Fausto would like to have a larger shop so he could provide better customer service and improve his family's quality of life.
View original language description ↓
Fausto es una persona tranquila, responsable con su trabajo y su familia, Fausto vive con su esposa y sus tres hijos en la ciudad de Latacunga en la Provincia de Cotopaxi.

Fausto trabaja con un hijo en su taller de enderezada y pintura para vehículos, trabajo que les ayuda a sustentar los gastos de su hogar y darles el estudio a sus hijos, es su segundo crédito con Fodemi, el mismo que va a ser invertido en la compra de herramientas para enderezada y pintura para los vehículos los mismos que ayudarán a dar un mejor servicio al cliente, de esta manera Fausto logrará incrementar su clientela y por ende sus ingresos.

Fausto sueña con tener un local más grande para dar un mejor servicio al cliente y mejorar la calidad de vida de su familia.

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
  • 19
    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 $500 helped Fausto Rodrigo to buy tools for vehilcle metal repair and paint work.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012