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Aug 8, 2016 5:26 PM ET

Archived: Ecuador – Anderson Daniel: A loan of $800 helps purchase chicks, crushed white corn and balanced feed.

iCrowdNewswire - Aug 8, 2016

Anderson Daniel

Borrower image

Anderson Daniel’s story

Anderson, who is 22 years old, is single and lives with his daughter and his family. 1 year ago he began an agribusiness activity, more specifically the raising and selling of chicks. He left his studies in order to follow through with his work plan and wants to save up enough to continue his studies. He is currently going through a low economic situation and this keeps him from continuing with his compromise of finishing his career, but thanks to his entrepreneurial endeavor he is able to pay for his daughter’s medicines. This is why he wants to keep the business going and needs to buy chicks, crushed white corn and balanced feed in order to achieve better growth and be able to sell them faster in the market. In the future, Anderson would like to build his own home and continue saving in order to improve his quality of life in the future. 

Translated from Spanish by Kiva volunteer Samuel Martinez View original language description 

This loan is special because:

It aims to reach vulnerable refugee populations in an isolated region. 

Kiva staff 

More about this loan

This loan is part of VisionFund Ecuador’s effort to reach vulnerable populations located along Ecuador’s frontier with Colombia. This region generally lacks access to financial services and is populated by many Colombian refugees seeking asylum from guerrilla warfare. This loan is designed to help these vulnerable populations improve their lives and set up sustainable businesses.

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.

A loan of $800 helps purchase chicks, crushed white corn and balanced feed.

Contact Information:

Anderson Daniel

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