Luis is 36 years old, is single, and lives in the area of La Aguada in the province of Carchi on the Colombian border. He lives in his parents’ house and has a young son who he loves very much and provides for. Luis works raising cattle to produce milk. This is the only trade he knows in order to earn a living.
He will use the loan to purchase another cow in order to increase his milk production and therefore improve his earnings so he can get ahead. He aspires to be able to buy mechanical milking equipment.
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.