Yolanda is 27 years old and lives near the city of Latacunga in central Ecuador. She is separated from her husband and lives with her parents. Yolanda has two children aged seven and six.
Yolanda is a person of strong character; she is very responsible, and is dedicated to her activities. Yolanda works selling "Yanbal", a cosmetics brand selling make-up, cologne, and perfumes. This is Yolanda’s first loan and she will use it to invest in "Yanbal" cosmetics. She believes her loan will help her with her income and with the well-being of her family.
Yolanda’s future goal is to have her own "Yanbal" store. She also dreams that her children will get a better education than she did and that their education will allow them to improve their quality of life.
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.