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Martha

Martha and her husband own a metal workshop where they make stands and furniture. She runs the administrative part of the business while her husband is in charge of production. This operation all got started about 8 years ago. At the time, her husband would only make furniture out of wood, but he got a customer that asked him to make a tv stand out of metal. Because he had some experience with metalwork he took the job. Once he finished, he realized that working with metal was much faster and easier than wood and therefore more profitable.


Today they have four employees (3 of them pictured next to Martha) that work with them and get paid by commission. They sell most of their products in their community and also in nearby rural towns. They need the loan in order to invest in paints and raw materials for their operation.



Martha is 28 years old and has 2 small children. Her husband is a hard working family man who has dedicated most of his time and efforts to this microenterprise. They are very proud of their business and hope it will continue to grow with the help of a loan from the international community.


Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.

About Ecuador

  • $10,200
    Average annual income
  • 44
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Martha invest in paints and raw materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 4, 2007
Listed
Dec 21, 2006
Currency Exchange Loss:
N/A
Ended:
Jul 12, 2007