Funded

Total loan: $1,000
Powered by 38 lenders

Alvaro

Ecuador
Ambato, Ecuador / Agriculture

A loan of $1,000 helped to buy quality onion seed for better production and to improve and treat his land.


Alvaro's story

Álvaro is a modest man who lives in the Guambalo area of the city of Ambato. He is single, lives with his parents, and works to give them everything they need. He is hardworking, responsible, and acts lovingly toward his family and friends.

Álvaro is applying to FODEMI for a loan to buy quality onion seed for better production and to buy manure to improve and treat his land for the next planting. He dreams of buying a vehicle to transport and sell his products at the markets. He would use his earnings to go to college and improve his parents' lives.

Translated from Spanish by



Loan details

Loan length:

20 months
Disbursed date: December 18, 2012
Facilitated by Field Partner: VisionFund Ecuador

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: December 18, 2012
Facilitated by Field Partner: VisionFund Ecuador