Ecuador
Please note: Due to the current economic and social instability in Ecuador, the country is experiencing record levels of regional displacement and migration. While this is not a pattern we are seeing across the country, it is worth noting that during this time your loans in Ecuador may be at more risk of delay or non-repayment.
At 69 years old, Manuel is dedicated to agriculture, specifically the cultivation of lemons and cacao. He lives in Santa Rosa in El Oro Province. He is divorced, and his children are grown up and have independent jobs.
15 years ago, Manuel inherited a neglected lemon farm. Through persistent hard work, he transformed it, planting new trees and restoring the land. He further expanded his operation by adding cacao cultivation, and today, his microenterprise generates a monthly income of £1,368.
He has consistently increased his lemon and cacao production, achieving economic stability that allows him to cover monthly household expenses of £138. These expenses encompass food, health, transportation, and basic services. The operational costs of his microenterprise are £808.
With a monthly profit of £560, Manuel has been able to meet both his personal and household needs. However, he faces challenges such as the high cost of agricultural supplies, which limits his ability to expand. Manuel has applied for a loan to buy farm inputs to improve his production.
Loan added: 26 February 2025
Manuel Amado's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £157.78 | ||
| £87.66 | ||
| £87.66 | ||
| £87.65 | ||
| £87.65 | ||
| £87.65 | ||
| £87.65 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
