Funded

Total loan: $750
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Victor Manuel

Ecuador
Milagro, Ecuador / Fuel/Firewood

A loan of $750 helped with his firewood and charcoal business.


Victor Manuel's story

Victor lives in the town of Milagros on a small farm belonging to his parents. He has run the family business for several years. He has a family of his own now so works even harder. Victor sells firewood and charcoal as the farm has a lot of trees planted by many generations of the family.

His wife helps him with the business as he is sometimes busy cutting the wood, a long and strenuous job because he doesn't own any machinery. Victor works every day; this doesn't bother him as he is accustomed to hard work. His biggest problem is the lack of transportation to deliver the wood and charcoal when his customers have given him orders.

A few months ago he realized that the place where he makes the charcoal was small and he was rapidly running out of wood. With the loan he plans to renovate the place and also buy some more trees to make firewood.

His dream is to help his wife to save enough money so that she can start her own business.

Translated from Spanish by Kiva volunteer Jane A



Loan details

Loan length:

12 months
Disbursed date: July 4, 2012
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: July 4, 2012
Facilitated by Field Partner: Banco D-MIRO S.A.