Carlos Andres

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Carlos Andres needs just £826.47 to complete his loan.

Amount requested:

£826.47

Repayment term:

12 months

Activity type:

Manufacturing / Tradesperson

Partner:

FACES

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.

Carlos is an entrepreneur who established his carpentry and upholstery business three years ago, drawing on his experience working with wood and furniture upholstery. He specialises in making, repairing, maintaining and restoring furniture. Through dedication, quality workmanship and customer recommendations, he has built trust with his clients and expanded his services. He has no children and continues working to strengthen his business despite limited capital.

Carlos's business specialising in the manufacture, repair, maintenance and restoration of wooden furniture, including tables, chairs, beds, wardrobes, sofas and armchairs. His monthly business income is reported as approximately £1,865, while business expenses are around £1,134, and his reported monthly profit is approximately £880.

Household expenses total approximately £315 per month, covering food, clothing, transport, healthcare and basic utilities.

The business has gained customers through reliable service, quality work and recommendations. Carlos has improved his technical skills and expanded the services he offers, allowing him to sustain his activity and generate income. However, limited capital for machinery, tools and materials, rising prices of wood, fabrics and other supplies, and limited advertising constrain further growth. Additional investment could help him increase production capacity, serve more customers and strengthen the business's long-term sustainability.

Carlos has applied for a loan to finance wood, fabrics, foam, nails, glue and other supplies, as well as the purchase or improvement of tools and machinery to increase production, serve more customers and improve service quality.

Loan added: 20 October 2026

Carlos Andres' loan repayment schedule

Date Expected repayments Actual repayments
£75.13
£0.00
£62.62 Available
£62.62 Available
£62.62 Available
£62.62 Available
£62.61 Available
£62.61 Available

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.

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