Carlos Moncayo

"I did not know anyone in China, nor did I know a single word of Mandarin. I had $400 in my pocket and tons of energy and big dreams."

Ecuadorian Carlos Moncayo and his two brothers, Fernando and Luis, founded Asiam, a Shanghai-based offshore-manufacturing management company specializing in the garment industry. Voted best young entrepreneur in Asia by BusinessWeek magazine, Moncayo’s business is built around strong client relationships, by providing a specialised service for the mainly fashion retail-customers which enable faster delivery of quality products. By 2010 ASIAM was shipping more than $34 million worth of clothing.