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Segundo Raul
Segundo describes himself as a responsible, hardworking, and sociable person. Segundo is forty years old and lives with his wife and three children near the city of Ibarra in the Imbabura province.

Segundo works with some colleagues planting tomato, beans, and onion in various plots of land, At the moment, Segundo is just harvesting the earlier planting and needs to start the new planting in order to continue with the production of his business. It is for this reason that he is pursuing a new loan with Fodemi. This will be used to purchase fungicides, fertilizers, and bean, tomato, and onion seeds for a new planting, which will help to increase his income and production. This in turn will improve his children's quality of life and will support their studies.

Segundo dreams of constructing a little house for his family and buying some plots of land so that the earnings from them may be for him and his family.
View original language description ↓
Segundo se describe como una persona responsable, trabajador y sociable. Segundo tiene 40 años vive con su esposa y sus tres hijos cerca de la ciudad de Ibarra en la Provincia de Imbabura.

Segundo trabaja con algunos socios en el sembrío de tomate, fréjol y cebolla en distintos terrenos, al momento segundo está acabando de cocechar el sembrío anterior y necesita empezar a sembrar nuevamente para seguir con la producción de su negocio, es por eso que realiza un nuevo préstamo en Fodemi el mismo que será invertido en la compra de fungicidas, abonos, semillas de fréjol, tomate, cebolla para un nuevo sembrío, el cual ayudará a incrementar sus ingresos y su producción, que mejorarán la calidad de vida de sus hijos y apoyará en los estudios de sus hijos.

Segundo sueña en construir una casita para su familia y comprar unos terrenos para que sus ingresos sean para el y su familia.

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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $23,451,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Segundo Raul para la compra de fungicidas, abonos, semillas de fréjol, tomate, cebolla para un nuevo sembrío. to buy fungicides, fertilizers, bean, tomato, and onion seeds for a new sowing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2013