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Francisco
Francisco has a stand in his house where he sells fish. He started his business with 50 dollars of capital. In the beginning he only sold fish. He continues to sell fish along with other seafood, such as scallops, shrimp`and tilapia.

Francisco aspires to establish a freestanding store so that he can better serve his customers. He would use the loan to buy his products wholesale, which would allow him to sell at competitive prices and eventually set up a store. He has faith that with these new products his business will continue to grow.


Francisco is in a committed relationship and has 2 children. His business supports his family, since it is the sole means of paying the household expenses. Francisco has hope that this loan will allow him to enjoy economic stability and to save for his children's education.

Translated by Erin Corcoran, Kiva volunteer.


Francisco tiene un puesto en la esquina de su casa donde vende pescados. Francisco empezó su negocio con un capital de 50 dólares. Al principio el solo vendía pescados. Ahora continúa ofreciendo este producto junto con otros mariscos como concha, camarón y tilapia.


Francisco aspira establecer un local para dar mejor servicio a sus clientes. El usara el préstamo para invertir en comprar su producto a precios de mayorista y así vender a precios competitivos y eventualmente instalar un local. El tiene la fe que con estos nuevos productos su negocio seguirá creciendo.

Francisco esta unido, padre de dos hijos. El tiene 34 años. El por medio de su negocio apoya a su familia ya que es su única entrada para solventar los gastos familiares. Francisco tiene la esperanza que este préstamo le permitirá tener estabilidad económica y ahorrar para la educación de sus hijos.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,854,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Francisco buy products wholesale and later set up a location for his business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 9, 2007
Listed
Feb 21, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 26, 2007