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Martha Cecilia
Martha, age 42, can be described as a cheerful, hard-working, and very positive person who has her goals set. Martha lives with her husband and their four children in Urcuquí, which is 20 minutes from Ibarra. Martha works with an employee selling fast food like French fries and hamburgers. The business allows her to cover the household expenses like food, clothes, and her children’s education.

Martha has been working with Fodemi for five consecutive years. The loan she is now requesting is to improve her business by adding tables, chairs, and a new industrial stove. She will do this because she is continuously getting more customers. She will also buy “quintales” [1 quintal = 100 kg] of potatoes, soft drinks, and sausages. This investment will help her business to be more presentable, will make her customers loyal to her, and she will get more income.

Martha dreams of her business becoming a good restaurant that at functions at 100%. This way she will be able to get together income, and she will be able to build her own house.
View original language description ↓
Martha tiene 42 años, se describe como una persona jovial, trabajadora y muy positiva en sus objetivos planteados. Martha vive con su esposo y sus cuatro hijos en Urcuquí que se encuentra a 20 minutos de Ibarra.

Martha trabaja con una empleada en la venta de comida rápida como papas fritas, hamburguesas, negocio que le permite cubrir los gastos de su casa como alimentación, vestimenta, estudios de sus hijos. Martha ya viene trabajando 5 años consecutivos con Fodemi, el actual crédito que solicita es para Para mejorar su negocio incorporando mesas, sillas, una nueva cocina industrial, porque sus clientes crecen constantemente y también para la compra de papas por quintales, refrescos, embutidos. Esta inversión ayudará a que su negocio sea más presentable y que sus clientes sean fieles con ella y así obtener buenos ingresos.

Martha sueña con que su negocio se convierta en buen restaurant y funcione al 100% y así poder reunir ingresos y poder construir su casa propia.

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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Martha Cecilia to improve her business by adding tables, chairs, and a new industrial stove. She will also buy potatoes, soft drinks, and sausages.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2013