Angel francisco Cango castillo

Malacatos, Ecuador

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Angel francisco needed £1240.60 for his business.

Amount Requested

Amount requested:


Repayment term

Repayment term:

15 Months

Activity type

Activity type:

Vehicle Repairs / Spares

MFI Partner

MFI partner:


Ángel Cango is from the parish of Vilcabamba in southern Ecuador. For the past 12 years or so he has had his own business repairing bicycles and motorcycles. He actually learned to be a mechanic from having worked with his elder brother who had his own workshop as well. Not only did he set up his own business repairing vehicles but he bought bicycles to rent out to tourists and others who who visit Vilcabamba, particularly at weekends. He even offers his services as a tourist guide. Don Ángel is open each day from 8 am to 5 pm. The business is successful and the profits he has made have enabled him to buy a plot of land where he hopes to build his own home and workshop and save on paying rent. Don Ángel requested a loan to buy three new bicycles to rent out and pay for attending a course that will enable to to learn more about repairing motorcycles.

loan added: 10 July 2018

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Angel francisco's loan Repayment schedule

Date Expected repayments Actual repayments
July 2018 £112.78 --
August 2018 £75.19 --
September 2018 £75.19 --
October 2018 £75.19 --
November 2018 £75.19 --
December 2018 £75.19 --

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