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Marcelo Fabian
Marcelo is 53 years old, he is married, and he has 7 children, all of whom are independent adults. He makes and sells fast food such as fried chicken. When there are sporting events or outdoor cultural events in public places, he sells the food from his cart. He also owns a small shop from which he sells ceviche, fried fish, and other seafood.

He is seeking a loan in order to buy ingredients to use in preparing his dishes, such as potatoes, chicken, fish, etc. His dream is to own his own home in order to have better living conditions.
View original language description ↓
Marcelo, es un hombre de 53 años de edad, casado, tiene 7 hijos, todos ya independientes. Se dedica a preparar y vender comidas rápidas como pollo broaster cuando hay eventos deportivos o culturales a las afueras de los sitios públicos y los vende en su carrito, también tiene un local en el cual vende ceviche y pescado frito entre otros mariscos. El necesita el préstamo para comprar insumos para preparar sus comidas, como papas, pollo, pescado entre otros. Su sueño es tener su propia casa para vivir mejor.

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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Marcelo Fabian to buy ingredients to make his dishes, such as potatoes, chicken, fish, etc.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 9, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2015