Check out some available loans that are similar to this one!
Jorge Wilfrido
Jorge is 39 years old and considers himself to be a happy and sociable person, and above all, responsible toward his family. Jorge lives with his wife and their son in the city of Cotocachi that is 25 minutes from Otavalo in the province of Otavalo.


Jorge works alone making t-shirts and blouses. Jorge began his business 2 years ago, and it is his only source of income and he needs it to provide for his needs. For this reason he is asking for a loan from Fodemi to buy supplies like rolls of fabric, boxes of thread, stamps, and elastic to fill an order. This will allow him to obtain more earnings and improve his family's quality of life.


Jorge dreams of having a big workshop where he can hire employees.

View original language description ↓
Jorge tiene 39 años, se considera una persona alegre, sociable y sobre todo responsable con su familia. Jorge vive con su esposa y su hijo en la ciudad de Cotacachi que se encuentra a 25 minutos de Otavalo en la provincia de Otavalo.

Jorge trabaja solo en la confección de camisetas, blusas. Jorge empezó su negocio hace dos años, debido a que es su única fuente de ingresos y necesita cubrir sus necesidades. Es por eso que realiza un crédito en Fodemi, el mismo que va a utilizar en la compra de materia prima como tela por rollos, hilos por cajas, estampas, ligas para poder cubrir un pedido que tiene, proceso que permitirá obtener buenos ingresos y mejorará la calidad de vida de su familia.

Jorge sueña con tener un taller grande en el cual pueda generar empleo.

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
  • 23
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jorge Wilfrido buy supplies like rolls of fabric, boxes of threads, stamps, and elastic to fill an order.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
N/A
Ended:
May 31, 2013