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Wilson Emilio
Emilio is a young man who is running a very successful business thanks to his creativity. He and his mother sell grilled goods, soups, water, sweets such as custard and other outstanding products to people in their town and to visiting tourists. In his free time Emilio studies. He will use the loan to buy fruits, custards and meats, and possibly an oven to prepare his products so they will taste better.

Emilio wants to grow and improve his business so he can earn enough to cover his education costs.
View original language description ↓
Emilio es un joven que gracias a su creatividad tiene un negocio que le va muy bien, Emilio juntamente con su madre se dedica a la venta de parrilladas, sopas, aguas, dulces con cuajada y demas productos que son muy llamativos para personas de su localidad y para las personas turistas, en sus tiempos libres Emilio se dedica a estudiar, el credito lo va a invertir en la compra de frutas, cuajadas y carnes y de ser posible un horno para prepar los productos y que sean con un sabor mas exquisito, Emilio aspira seguir adelante con su negocio y en lo posible mejorarlo para que sus ingresos le permitan pagar los gastos que implica sus estudio.

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Wilson Emilio to buy fruits and meats.
35% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 4, 2014
Currency Exchange Loss:
N/A