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Fortunato Candelario
Fortunato is 57 years old and a carpenter. He says that he learned his business from his father who showed him the trade when he was very young. Twelve years ago he ventured out on his own and opened his own workshop located in Duran. He tells us that he enjoys working with wood, making changes to it, and altering its physical form to create useful objects like furniture for the home, doors, desks, and beds. He tells us that he is in one of humanity’s oldest industries in which we can find different tools and methods of working with wood in every culture and region. Fortunato says that his current main competitor is aluminum, which is gaining much ground as a modern method. One of his main difficulties is transportation, which generates costs both when he buys his supplies and when he delivers the finished products, but things are going well and he plans to continue this way.

Fortunato is presently separated and his two children live with their mother, who he supports financially. He will use the money from this loan to buy tools with which to process the wood, hoping to develop the industry and provide employment, now that he currently has a helper. Good luck Fortunato.
View original language description ↓
Fortunato de 57 años de edad se dedica a la carpintería. Nos comenta que el negocio lo aprendió por su papá quien le enseño desde muy joven el oficio. Hace 12 años que se independizo abriendo su propio taller ubicado en Duran. De su trabajo nos comenta que le gusta trabajar con la madera dándole cambios con el objetivo de alterar su forma física para crear objetos útiles al desarrollo humano como muebles para el hogar, puertas, escritorios, camas. El nos comenta que esta es unas de las actividades de la industrial humana más antigua que existe por lo cual en cada cultura y regiones encontraremos diferentes maneras y herramientas de trabajar con la madera. Fortunato indica que su mayor competir actual es el aluminio el cual con el mundo moderno está ganando mucho terreno. Una de sus mayores dificultades es el transporte ya que le genera costos tanto al comprar la materia prima como cuando elabora el producto y lo entrega, pero le va bien y espera continuar así. Fortunato de momento está separado y sus 2 hijos viven con la mamá a quien apoyo económicamente. Con el crédito tiene pensado comprar una maquinaria para el proceso de la madera esperando crecer en la industrial y dar empleo ya que actualmente tiene un ayudante. Suerte Fortunato.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,600
    Average annual income
  • 92
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Fortunato Candelario to buy tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013