Check out some available loans that are similar to this one!
María Graciela
Sra. María Graciela P. F. lives in the city of Ibarra. She is 49 years old and a single mother with three children. Graciela has a food stand at the local market, where she has worked for 20 years. One of her daughters helps with the business.


At first, she rented her space and only served breakfast. Later she started preparing lunches and now sells afternoon snacks as well. After many years of hard work and effort, she was able to buy her space and now it is her property. Graciela is requesting a loan to invest her business and use her earnings to buy the adjacent space so that her daughter can work there. Her plans for the future are to finish the construction of her house and provide her children a better quality of life.

View original language description ↓
La Señora María Graciela P. F. vive en la ciudad de Ibarra, tiene 49 años de edad es madre soltera, tiene tres hijos. Graciela tiene un puesto de venta de comida en el mercado de la localidad desde hace 20 años y una de sus hijas le ayuda a trabajar.
Al principio su local era arrendado y vendía solo desayunos, luego empezó a servir almuerzos y ahora también vende meriendas. Luego de muchos años de trabajo y esfuerzo pudo comprar el local y ahora es de su propiedad, por lo que esta vez solicita un préstamo para invertir en su negocio y con las ganancias poder comprar el local que está junto al suyo para que su hija trabaje en éste. Los planes a futuro de Graciela es terminar de construir su casa y poder brindarles a sus hijos una mejor calidad de vida.

Additional Information

About FODEMI, a partner of World Vision International

FODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,837,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped María Graciela to invest in supplies for her food stand.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2011
Listed
May 13, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012