David is a very enterprising young man with no bad vices. He aspires to have a growing business so that his income will increase and, in this manner, he will be able to help with household expenses. David comments that since his parents helped him, he wants to return their help.
If it's possible in the future, he wants to have his own bakery.
More information about this loan
This loan is part of FODEMI’s effort to reach vulnerable populations located along Ecuador’s frontier with Colombia. This region generally lacks access to financial services and is populated by many Colombian refugees seeking asylum from guerrilla warfare. This loan is designed to help these vulnerable populations improve their lives and set up sustainable businesses.
About FODEMI, a partner of World Vision InternationalFODEMI 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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
13View loans »