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Francisca

Francisca has been running this business for about 20 years. She started with the help of a family member living abroad who sent her $2 (50,000 sucres), which at the time went a long way in Ecuador. Her husband passed away 32 years ago, and she was left to raise her 6 children on her own. For a long time she was a seamstress and often worked all night in order to support her family. Today her children are all grown and two still live with her.


She runs this business because her children do not earn enough to support her. She feels proud to be independent and to be able to help her children. She is seeking her second loan with Kiva and Mifex, which she will use to invest in cosmetics. With the first she also expanded her inventory, offering items such as ice cream and fresh bread. The extra profits she realized have mostly gone into savings. The whole family is grateful for the first loan and look forward to continued success.

About Ecuador

  • $10,600
    Average annual income
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Francisca invest in cosmetics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 17, 2007
Listed
Jun 1, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 9, 2008