Maria Elsa, a 55-year old married lady who describes herself as hard worker with very high values. She learned the farming trade when she was ten-years old and worked alongside her parents, who taught her everything she knows. She now works with her husband and, although they've been doing ok so far, she needs a loan in order to purchase a new cow. She expects that this will raise milk production in the farm, which would hopefully lead to an increase in her family's income. In five years she would like to expand her business and to also begin raising chickens.
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.