A loan of $1,200 helped to buy aluminum, a compressor and welding equipment.

Victor Eduardo's story

Victor, 30, lives in the El Fortín settlement of Guayaquil (an urban area on the outskirts of the city where there exists remnants of an ecology in dissolution.) He started in 1995, working for a company as a locksmith, but the company was liquidated. He had to become independent and earn money working on his own to cover the household expenses.

Gradually, and with a lot of effort, he managed to buy the machinery needed to open his own locksmith business. Now he works from 8am until 6pm each day with his assistants. In order to have more work opportunities, he wants to buy aluminum, a compressor and welding equipment with this loan.

In the future he wants to finish building rooms for his children and have another locksmith workshop.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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Loan details