Funded

Total loan: $1,500

Dilan David

Tulcán, Ecuador / Shoe Sales

A loan helped to buy more inventory of shoes to sell.

Dilan David's story

Dilan is a young entrepreneur who is 20 years of age. He lives with his parents and siblings in a cement house located in a neighborhood along the banks of a river. With the help of his parents, he was able to finish secondary school. Even though he dreams of studying for a university degree, he is unable because his parents’ income is insufficient.

With the help of his older sister, Dilan is now selling shoes. He obtains his products at the wholesale fair and then sells them in various communities around the city. Dilan wants to acquire new pairs of shoes in different styles and designs so that he can offer sufficient inventory to his customers, which will increase his sales, improve his income, and provide financial stability.

In the future, he dreams of having a university degree, buying a house, and owning a car.

Translated from Spanish by Kiva volunteer Ronan Reodica. View original language description.

Dilan es un joven emprendedor de 20 años, vive con sus padres y hermanos en una vivienda de cemento prestada en un barrio ubicado a las orillas de un rio, él con el esfuerzo de sus padres logro terminar sus estudios secundarios, aunque el sueño de Dilan es estudiar una carrera universitaria pero los recurso de sus padres no son suficientes, por lo que, él se ha dedicado con la ayuda de su hermana mayor al comercio de calzado, el cual adquirir en la feria de los mayoristas y luego los vende por las comunidades de su ciudad. Dilan desea adquirir nuevos pares de calzado con diversos modelos y diseños para ofertar a sus clientes un buen surtido que le permita generar mayor número de ventas, así el mejorará sus ingresos y su estabilidad económica con la que a futuro sueña tener una carrera universitaria, casa propia, un carro.

This loan is special because:

It aims to reach vulnerable refugee populations in an isolated region.

More 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.