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Rigoberto Saul
Rigoberto is a 26-year-old who characterizes himself as friendly, educated, responsible, and very hardworking. Rigoberto lives with his parents in Otavalo, which is located in Imbabura Province.

Rigoberto works with his siblings raising and selling pink pigs. Since the economy isn't good, they decided to boost their business with more animals. For this reason he is getting a loan from Fodemi, which will be invested in the purchase of female pigs for breeding. The loan will also be used to buy dairy cows for the production and sale of milk. This investment will help Rigoberto and his family improve their quality of life and will support his siblings' education expenses.

Rigoberto dreams of having a meat processing business to make a good living and to help his family financially, and to help with employment for the people who need it most.
View original language description ↓
Rigoberto es una persona de 26 años, que se caracteriza por ser amable, culto, responsable y muy trabajador. Rigoberto vive con sus padres en Otavalo que se encuentra en la Provincia de Imbabura.

Rigoberto trabaja con sus hermanos en la crianza y venta de cerdos rosados, debido a que su economía no es buena deciden incrementar su negocio con más animales, es por eso que realiza un crédito en Fodemi el mismo que va a ser invertido en la compra de cerdos hembras para reproducción y también comprando vacas lecheras para la producción y venta de leche. Esta inversión ayudará a Rigoberto y a su familia a mejorar su calidad de vida y sustentando los gastos de estudios de sus hermanos.

Rigoberto sueña en tener una empresa de procesamiento de carne para poder tener buenos ingresos y ayudar económicamente a su familia y con trabajo a las personas que mas lo necesiten.

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

  • $10,600
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rigoberto Saul to purchase female pigs for breeding and to purchase cows for business in milk production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2013