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Henry Fabricio
Fabricio is a young man eager to get ahead; he is 18 years old and an orphan since his mother and father died when he was a child. Fabricio only has one older brother with whom he exchanges help. Along with his brother's father-in-law, Fabricio works at selling potatoes, and also works for a small business which makes cheese.

He will invest the loan in buying potatoes as merchandise to increase his sales. Fabricio hopes that his business will grow to improve his income and cover the costs to get a professional license, which is what he aspires to do.
View original language description ↓
Fabircio es un joven que tiene muchas ganas de salir adelante, el tiene 18 años de edad y es hurfano ya que su madre y padre muriron cuando Fabricio era niño, Fabricio solo tiene un hermano mayor con el que se ayudan mutuamente, Fabricio se dedica al comencio de papas juntamente con el suegro de su hermano, y tambien se dedica a trabajar en una paqueña empresa donde elaboran quesos, el credito lo va a invertir en la compra de mercaderia en papas para incrementar su negocio, Fabricio espera que su negocio crezca para mejorar sus ingresos y de aquí cubrir los gastos que implican sacar la licencia profecional ya que esta es la aspiracion de Fabricio.

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

  • $10,200
    Average annual income
  • 97
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    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 Henry Fabricio to buy potatoes for resale.
45% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
N/A