Funded

Total loan: $1,100
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Manuel Antonio

Ecuador
Otavalo, Ecuador / Manufacturing

A loan of $1,100 helped to buy a machine that helps him make cement blocks.


Manuel Antonio's story

Manuel is 33 years old and lives in the city of Cotacachi in northern Ecuador. He is married and lives with his wife and their five children aged twelve, ten, seven, six, and two years, respectively. Manuel describes himself as hardworking, humble, and simple. He works with his wife and her cousins at his business making cement blocks.

Manuel reports that the business is going well and that they are currently selling 4,000 cement blocks a month. He is seeking his first loan to buy a machine to make blocks more efficiently and easily. He hopes that the loan will improve his quality of life and give them the ability to produce more cement blocks. In the future, he would like to have a larger store to sell the cement blocks and own a hardware store.



Loan details

Loan length:

14 months
Disbursed date: June 14, 2011
Facilitated by Field Partner: VisionFund Ecuador

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 14, 2011
Facilitated by Field Partner: VisionFund Ecuador