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Patricio
Patricio is a young artisan from Ibarra who lives with his wife and his two children. He defines himself as a successful and unassuming person. Patricio belives that with faith and hard work, everything will go very well and he'll pave the way towards accomplishing his goals.
The loan that Patricio has requested from Fodemi will be used to purchase supplies such as iron, metal brackets, a welding rod and steel. He'll use them to make industrial kitchens, since his work is becoming very well-known in his town and it's in increasingly high demand.
Patricio's dream is to own a large industrial machine shop where he can manufacture all kinds of metal artifacts and create jobs for young people who wish to learn this trade.
View original language description ↓
Don Patricio es un joven artesano ibarreño que vive con su esposa y sus dos hijos él se definen como una persona triunfadora, humilde, Patricio comenta que con fe y trabajo todo le va a salir muy bien y construirá el camino para lograr sus metas.

El crédito que el Sr. Patricio solicito a Fodemi se lo invertirá en la compra de materiales como hierro, ángulos de metal, varilla y acero para la fabricación de cocinas industriales ya que su trabajo está siendo muy reconocido en su ciudad y cada vez es más solicitado.

El sueño que Don Patricio tiene es tener un gran taller de mecánica industrial donde pueda fabricar todo tipo de artefactos en metal, y generar empleo para los jóvenes que quieran aprender esta profesión.

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
  • 21
    View loans »
    Ecuador Loans Fundraising
  • $22,592,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Patricio to purchase supplies such as iron, metal brackets, a welding rod and steel for making industrial kitchens.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014