Carmela is a 34-year-old married mother of four. Carmela is loving towards her family and friendly towards others. She has been raising and selling chickens and sheep since she was 12. She has been working hard for years with the help of her children. She hopes to provide a better quality of life for them. Her goal is to purchase more animals in order to increase her sales. Her hope for this, her first loan, is that it will help her expand her business. With the added income, she can save enough to provide her children with a good education.
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.