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Sra. Carmen is an individual who possesses many values, such as sincerity and honesty. Those who know her say that she is a friendly person and works very hard at her job. As a result, she has gained the respect of her neighbors and family members.

The loan she is requesting from FODEMI will be used to expand her small business by enabling her to purchase fabric in large quantities so that she can produce clothing. With the Christmas season approaching, she will have a good opportunity to sell more and continue growing financially so that she can help her children.

Sra. Carmen’s dream is to have her own sewing workshop where she can produce clothes with the aid of industrial machines. She would be able to sell what she produces in the same place, thus allowing her to increase her earnings so that she can help her children move forward and provide them a good education.

View original language description ↓
La Sr Carmen es una persona dotada con muchos valores como la sinceridad, honestidad y las personas la conocen como una persona amigable y con mucha fuerza para el trabajo, ganandose asi el respeto de sus vecinos y el de su familia.

El Prestamo solicitado a Fodemi es para incrementar su pequeño negocio y comprar tela en gran cantidad, para la confeccion de ropa, ya que se acerca la temporada de navidad y es una buena oportunidad para vender mas y asi seguir creciendo economicamente y para poder ayudar a sus hijos.

El sueño que Sr. carmen tiene es tener su propio taller de confeccion de ropa, con maquinas industriales, donde ella misma confeccione y pueda vender su trabajo, y asi poder incrementar su ingresos para sacar adelante a sus hijos y brindarles una buena educacion.

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
  • 76
    View loans »
    Ecuador Loans Fundraising
  • $24,585,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Carmen to buy large quantities of fabric.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 9, 2012
Nov 17, 2012
Currency Exchange Loss:
Mar 17, 2014