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Luis Antonio
Antonio, 57, has been in the electrical products business for five years, selling electric fences, alarm systems and other products. With the income he makes he is able to educate his two children. He plans to use the loan to buy alarm and electric fence merchandise to sell to his customers.

Antonio says business is going well because it is a livestock farming area and electric fencing is his most popular product. He wants to sell a wider variety of products and improve his business so his children can finish their education.
View original language description ↓
Con 57 años de edad Antonio se dedica a su negocio que es una electrica donde ofrece cercas electricas, alarmanas entre otros productos, son 5 años que tiene su negocio con este puede educar a sus 2 hijos, el credito lo v a ainvertir en la compra de mercaderia en alarmas y cercas electricas para ofrecerlas y venderlo a sus clientes, Antonio comenta que le va bien en su negocio ya que es una provincia ganadera y lo que mas le compran es cercas electricas para el ganado, Antonio aspira variar mas productos y mejoras su negocio para que sus hijos terminen sus estudios.

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
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis Antonio to buy electric fences.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014