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Martha Olivia
Martha is 45 years old and lives in the city of San Gabriel with her younger children. Three of her children are older and are on their own. One of these children studies in Quito, the nation's capital. Her two younger children are in school. Martha is a hard-working person dedicated to raising pigs. She owns a small piece of land where she breeds and sells her pigs. As the number of animals she owns increases, Martha says she sees a better income and tries to give her children the best she can.

She began her business with the help of a loan from FODEMI. In the past she had kept livestock, but upon the death of her parents she had to sell everything. She is seeking her second loan to buy and raise more pigs. She believes that this loan will help her family, because with the money she makes she wants to help her children study. Her goal is to continue to move her business forward and to see her children have professional careers.

Additional Information

About VisionFund Ecuador

VisionFund Ecuador 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

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,107,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Martha Olivia to buy and care for pigs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012