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Lenin Amilcar
Lenin is 34 years old and lives with his wife and their children. He has an 8-year-old son and a 10-year-old daughter, both of whom are in school. For 15 years he has produced blocks and bricks, and his wife helps him in this work. It has gone well because he provides a great product and excellent service to his customers.

He is seeking a loan so that he can buy cement, sand, and boards in order to produce the blocks. Lenin aspires to increase his income so that he can buy a machine that produces the blocks, which will increase his production and will be more efficient and effective. The most important thing to him is to be able to provide for his children's needs.
View original language description ↓
Lenin tiene 34 años de edad, vive con su esposa, su hijo de 8 años y su hija de 10 años los cuales se encuentran asistiendo a la escuela, él se dedica a la fabricación de bloque y ladrillo desde hace 15 años y su esposa le ayuda en este trabajo, comenta que les va bien ya que brindan un buen producto y excelente servicio a sus clientes, el crédito lo va a invertir en la compra de cemento, arena y tablones para la fabricación de los bloques, con este negocio Lenin aspira mejorar sus ingresos para comprar una máquina que hace bloque y así su producción sea más eficiente y eficaz y lo más preciado para él es poder darle a sus hijos todo lo que necesiten.

Additional Information

More information about this loan

This loan is part of VisionFund Ecuador'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 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

  • $10,200
    Average annual income
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,096,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Lenin Amilcar to buy cement.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015