Funded

Total loan: $900
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Víctor Eduardo

Ecuador
Otavalo, Ecuador / Bakery

A loan of $900 helped to buy butter, baking powder and lard.


Víctor Eduardo's story

Victor is 40 and divorced. He lives in Otavalo with his children, ages 18, 12, 9 and 7. He feels he is an enterprising person who wants a better lifestyle for his children and his mini-business to grow.

He runs a bakery and began with only a twin-shelf oven ten years ago. This is the fourth loan he is requesting through FODEMI. It will be used to buy 50 quintals of flour, 20 kilos of baking powder and ten containers of lard to increase production, sales and income. He hopes to improve his children's lifestyle and provide them with a good education.

His goal is to be able to hire help, ensure his children are healthy and that they develop professionally.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess



Loan details

Loan length:

12 months
Disbursed date: August 10, 2011
Facilitated by Field Partner: VisionFund Ecuador

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: August 10, 2011
Facilitated by Field Partner: VisionFund Ecuador