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María Ermelinda
María is 30 years old. She lives with her husband and their two children in Ambato, which is located in the central mountains of Ecuador. María describes herself as a hardworking person who enjoys learning new things in order to get ahead.


María works with her sister making trousers out of fabric. This is her first loan with FODEMI, which she will use to buy fabric and thread for making trousers. This will enable her to increase her production and improve her sales. As a result, her income will improve so that she can provide for her children’s studies.


Her dream is to buy more industrial machines so that she can hire workers and have a successful enterprise.

View original language description ↓
María tiene 30 años, vive con su esposo y sus dos hijos en Ambato que se encuentra en la Sierra Centro de Ecuador. Se describe como una persona trabajadora y le gusta aprender cosas nuevas que le van a servir para seguir adelante.

María trabaja con su hermana en la confección de pantalones de tela. Es el primer crédito que hace en Fodemi, el mismo que va a ser utilizado en la compra de tela e hilo, que servirán para confeccionar pantalones y de esta manera aumentará su producción y sus ventas mejorando sus ingresos económicos, que le ayudarán para poder darles el estudio a sus hijos.

Su sueño es compra más maquinas industriales para contratar personal y tener una gran empresa.

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
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped María Ermelinda to buy fabric and thread for making trousers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 12, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012