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Manuel Mesias
Manuel has been raising cattle for 8 years. He is a young, single man who lives with his parents and 4 siblings. His parents raise cattle and farm, which is how Manuel learned to correctly care for cattle. He is going to use the loan to buy a cow as his business is going well. Manuel's goal is to increase his business and buy a small farm where he can work and provide work for his family.
View original language description ↓
Son 8 años de los que Manuel se dedica a la ganadería, él es un joven soltero que vive con sus padres y sus 4 hermanos, sus padres se dedican a la ganadería y a trabajo de campo y es de ahí que Manuel aprendió a dar un correcto cuidado al ganado, el crédito lo va a invertir en la compra de una vaca ya que comenta que le va bien en la ganadería, la meta de Manuel es incrementar su negocio para mejorar sus ingreso y comprar una mini hacienda donde pueda trabajar él y darle trabajo a toda su familia.

Additional Information

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 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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,546,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Manuel Mesias to buy a cow.
44% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
N/A