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Grupo De María Group
In this Group: María Luisa, María Isabel, Laura Elena
Pozos Group is composed of three women. María is the president of this group.

María, 56, is single and lives with one of her two children. She lives in San Gabriel in the province of El Carchi in northern Ecuador. María describes herself as a hardworking worker, an entrepreneur who likes to get ahead every day.

María works alone buying and selling charcoal. She began her business twenty years ago since she needed money to support her children. This is the third loan she is requesting from FODEMI, and it will be used to buy charcoal for resale. A good season is coming, which will generate good income that will change her lifestyle.

Her dream is to continue working in what she knows, which is the business of potatoes and charcoal. She is grateful to FODEMI for having helped her with the loans.
View original language description ↓
Pozos group está conformado por tres personas (mujeres). En este grupo la presidenta es María.

María tiene 56 años es soltera y vive con un hijo de dos que tiene. Vive en San Gabriel en la provincia de el Carchi en el Norte de Ecuador. María se describe como una persona trabajadora, emprendedora y le gusta salir adelante diariamente.

María trabaja sola en la compra venta de carbón, empezó su negocio hace 20 años ya que necesitaba dinero para mantener a sus hijos. Es el tercer crédito que solicitan a Fodemi el mismo que va a ser utilizado en la compra de carbón para su reventa ya que se viene una buena temporada lo cual le generará buenos ingresos que cambiarán su estilo de vida.

Su sueño es seguir trabajando en lo que domino o sea el comercio de las papas y carbón, gradece a FODEMI por haberle ayudado con los créditos.

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.

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.

About Ecuador

  • $10,600
    Average annual income
  • 73
    View loans »
    Ecuador Loans Fundraising
  • $24,616,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Grupo De María Group's $900 loan helped a member to buy charcoal to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 12, 2011
Nov 9, 2011
Currency Exchange Loss:
Oct 15, 2012