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Francisco is a hardworking, cheerful, responsible, sociable and very friendly person. He is 28 years old and lives with his family in Otavalo in the province of Imbabura.

Francisco works with some employees growing strawberries. This business is his family's source of income that helps pay the expenses such as education and food. That is why he is taking out a loan with Fodemi. They need to increase production. He will invest the loan in renting some land to plant strawberries. He will also use it to buy strawberry seeds, fertilizer and fungicide so his product will be of good quality and optimal for sale. This process will help Francisco improve his family's quality of life and give jobs to more helpers.

Francisco dreams of having his own land so he doesn't have to rent so he will make more profit to become a major distributor.
View original language description ↓
Francisco en una persona trabajadora, alegre, responsable, es sociable y muy amigable. francisco tiene 28 años, vive con su familia en Otavalo que se encuentra en la provincia de Imbabura.

Francisco trabaja con unos empleados en el cultivo de frutilla, este negocio es la fuente económica de su familia, que ayuda a sustentar los gastos y necesidades como educación, alimentación, es por eso que realiza un crédito en Fodemi debido a que necesitan incrementar su producción, el crédito lo invertirán en el arriendo de un terreno para sembrar frutilla, también lo utilizarán en la compra de semilla de frutilla, abonos, fungicidas para que su producto sea de buena calidad y sea optimo para su venta, este proceso ayudará a Francisco a mejorar la calidad de vida de su familia y a dar mas empleo a sus ayudantes.

Francisco sueña con tener un terreno propio para evitar arrendar y obtener mayores utilidades para ser un distribuidor mayoritario.

Additional Information

About VisionFund Ecuador

VisionFund Ecuador is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

About Ecuador

  • $10,600
    Average annual income
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Francisco to rent some more land tp plant strawberries and also to buy strawberry seeds, fertilizer and fungicide.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 13, 2012
Apr 26, 2012
Currency Exchange Loss:
Mar 29, 2013