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Teresa Petita
Teresa, 40, is married and has three children who are 22, 19 and 5 years old. She lives with her family in Otavalo. Teresa describes herself as a hardworking, cheerful, active person who likes to get along well with everyone.

She works with her daughter in a food store. She’s been working with Fodemi for consecutive years. The current loan is to stock her store with foodstuffs and also to buy a refrigerator for the meat. This investment will help her increase production and sales and thus her income that will help for her children’s education.

Her dream is to have a larger business to employ people who need work and also to continue to provide education for her children.
View original language description ↓
Teresa tiene 40 años, es casada y tiene 3 hijos de 22, 19 y 5 años, vive con su familia en Otavalo. Teresa se describe como una persona muy trabajadora, alegre, activa y le gusta llevarse con todas las personas.

Trabaja con una hija en su tienda de víveres. Trabaja con Fodemi por años consecutivos el actual crédito que solicita es para abastecer su tienda de víveres y también para la compra de un frigorífico para la carne, inversión que le servirá para aumentar su producción, sus ventas y por ende sus ingresos que le servirá para dar el estudio a sus hijos.

Su sueño es tener un negocio más amplio para poder dar trabajo a personas que necesiten y también seguir dando el estudio a sus hijos.

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

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Teresa Petita to buy foodstuffs and a refrigerator for the meats in her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012