Rosalia is 53 and she lives in Latacunga with her husband and 5 offspring who are 25, 33, 31, 22 and 16 years old. Rosalia is a calm person.
26 years ago she started making baskets with her husband. They got the money for the supplies by selling animals. This is the second loan with FODEMI and she will use it to purchase materials to make the baskets.
Her dream is to continue with her business, to improve it, and especially to feel better.
Rosalía tiene 53 años vive en latacunga con su esposo y sus 5 hijos los cuales tienen 25, 33, 31, 22 y 16 años de edad. Rosalía se considera una persona tranquila.
Iniciaron con su esposo hace 26 años la elaboración de masetas obtuvieron dinero para los materiales vendiendo a sus animales. Es la segunda vez que hace crédito en FODEMI, el crédito que solicita es para la compra de materiales para la elaboración de masetas.
Su sueño es seguir adelante en su negocio, mejorarlo y sobre todo sentirse mejor de la salud.
About VisionFund EcuadorVisionFund 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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid