A loan of $500 helped buy a metal bending tool and paint compressor.

José Emilio's story

José is 27 years old and lives by himself in Tulcán, which is located in Carchi province in northern Ecuador. He describes himself as a shy, honest and hardworking person.

José works in an improvised workshop set up in his home, where he makes metal furniture. This is his fifth loan from FODEMI, and he will use it to buy a metal bending tool to save him time and money spent on materials. He will also buy a paint compressor, which will allow him to improve the quality of his work. This will make José more competitive in the market and able to generate better income.

His dream is to continue building his workshop until he is able to move it to a separate location and hire employees, so that his business grows at the same time as his economic wellbeing.

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Translated from Spanish by Kiva volunteer Vivian Lu

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Loan details