4 de Octubre 7

Entrepreneurs in Ecuador have big plans, but without affordable financing, growth often remains just a good idea or dream. Cooperative 4 de Octubre supports entrepreneurs with low-interest loans, among the lowest in the region. This gives local businesses the room to start, expand, and create jobs.

funding gap emerging markets
4 de Octubre
Company
Ecuador
Country

The project

With Cooperative 4 de Octubre, people can save, borrow, and invest. The financial institution operates in Ecuador and focuses on supporting entrepreneurs who want to start or grow their business. It offers low-interest loans to entrepreneurs active in agriculture, trade, and retail. These sectors offer strong opportunities for local job creation and economic growth in the Chimborazo province, where 4 de Octubre is active.

What makes this cooperative even more special is that its management team is entirely female. From this position, they actively work to make financing more accessible for entrepreneurs who often struggle to access traditional bank loans. With tailored growth financing, 4 de Octubre helps entrepreneurs invest in inventory, equipment, or business expansion.

Your investment gives entrepreneurs in Ecuador the chance to turn their plans into real growth.

Your investment

  • Annual interest rate: 6.25%
  • With an investment of €1,000, the expected total repayment is €1,062.50.
  • Maturity: 12 months
  • Repayments: You will receive your investment including interest after month 12. 
  • Currency: Dollar. Please note that although you invest in euros, the loan is in dollars, so there is a risk of exchange rate fluctuations between dollars and euros. Visit our page on exchange rate risks for more information.

4 de Octubre

CEO
Yolanda Haro Dávila
Founded
1996-01-26
Location
Riobamba
Sector
Agriculture
Turnover
$5,350,735
Employees
72
€225,000raised
Fully funded in 8 days on 9 March 2026.
949investors
€225,000loan is in
USD
target
6.25
%
Interest
12
months
Maturity
12
months
Repayments
A
B
C
D
E
Credit score
USD
Growth financing

Impact

212
Lives improved

Your investment in 4 de Octubre creates a direct positive impact in the Chimborazo province of Ecuador, where poverty, unemployment, and safety are significant challenges. With 64.9% of the population living in poverty, there is a strong need for opportunities to improve their living standards. By supporting local entrepreneurship with financing and expertise, 4 de Octubre helps create jobs and strengthens the local economy. Investing in microfinance in this way contributes to sustainable economic development, improving the quality of life and resilience of many vulnerable families.


Related blogarticles

  • Want to learn more about how financial inclusion can thrive entrepreneurship? Read here.
  • Have a look at the many other microfinance institutions in our portfolio.