Lasso El Vergel Group
Gladys works alone in the rearing and sale of pigs. This business is the only source of economic income that her family has and with this she has to maintain all of her home expenses, like food, schooling of her children, etc. It is the first loan that she is carrying out with Fodemi, which will be used to buy feed for the pigs, and to buy young pigs to rear and later reproduce and sell, which will help to improve her income and her quality of life.
In the photo Gladys is the woman with the purple sack.
Gladys trabaja sola en la crianza y venta de cerdos, este negocio es la única fuente de ingresos económicos que tiene su familia y con esto tiene que sustentar todos los gastos de su hogar como alimentación,estudios de sus hijos etc. Es el primer crédito que realiza en Fodemi el mismo que va a ser utilizado en la compra de balanceado para alimentación de los cerdos y para la compra de crías de cerdos para su crianza y posteriormente para reproducción y venta, que ayudará a mejorar sus ingresos y su calidad de vida.
En la fotografía Gladys es la señora de saco lila.
About FODEMI, a partner of World Vision InternationalFODEMI 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.
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Success!! The loan was 100% repaid