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María Laura
María, 27 years old, is described as a happy, hard-working, and entrepreneurial person who likes moving ahead for the well-being of her children. María lives with her mother and her two children in an area outside of the city of Ibarra in the province of Imbabura.

María embroiders tablecloths, table centerpieces, and blouses, a business which is very difficult at this time because there is a lot of competition, and María needs to support her children. This is why she is taking out her sixth loan with Fodemi, which will be invested in the purchase of rolls of cloth and boxes of thread in order to increase her production and come out with new items so that her products are of high quality and will be accepted in the market. In this way, she will be able to cover her family's expenses.

María dreams of rebuilding her house and buying a piece of land.
View original language description ↓

María es una mujer de 27 años, se describe como una persona feliz, trabajadora y emprendedora que le gusta salir adelante por el bienestar de sus hijos. María vive con su madre y sus dos hijos en un sector fuera de la ciudad de Ibarra en la Provincia de Imbabura.

María se dedica a bordar en manteles, centros de mesa, blusas, negocio que en el omento es muy difícil debido a que hay mucha competencia y María necesita mantener a sus hijos, es por eso que realiza su sexto crédito en Fodemi, que será invertido en la compra de rollos de tela e hilos por cajas para incrementar su producción y sacar nuevos modelos para que sus productos sean de calidad y sean aceptados en el mercado y de esta manera podrá sustentar los gastos de su familia.

María sueña en reconstruir su casa y comprarse un terreno.

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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,583,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped María Laura to purchase rolls of cloth and boxes of thread.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Mar 25, 2012
Currency Exchange Loss:
Feb 15, 2013