Funded

Total loan: $700
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Danilo Xavier

Ecuador
Ibarra, Ecuador / Carpentry

A loan of $700 helped to buy a new varnishing machine as his current machine is in bad condition.


Danilo Xavier's story

Danilo is a quiet, hardworking person eager to get ahead. He is single and lives alone in the city of Ibarra in the Imbabura Province. Danilo works with an assistant in a carpentry workshop. This is his 2nd loan with Fodemi which he will use to buy a new machine to varnish his products, an investment that will benefit the quality of his products. This in turn will increase the number of orders, sales and income and allow him to improve his quality of life and offer others the possibility of employment.

Danilo's dream is to have a family and own his own workshop as he is currently renting and he doesn't make good profits.

Translated from Spanish by Kiva volunteer Maria Blyth



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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