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El Agro De Maria Group
In this Group: Maria, Nancy, Elsa
This group is formed by three people that wish to get ahead based on love, family unity and sacrifice through hard work.

Maria is the president, a woman that defines herself with strong character, responsible, honest and very hardworking; and with an infinite love for her son; it is because of this virtues that she has earned the respect from her neighbors and the unconditional love from her family who see in her a role model.

The loan requested to Fodemi is going to be used in buying potato seed and livestock such as guinea pigs and farm chickens; this way they will be able to diversify the products and obtain more income for each of their families.

Maria's dream is to buy a larger piece of land where she can continue to work in agriculture and livestock like guinea pigs and chickens, and this way keep her family united which is the most important thing for her; as well as improve her income and help her son get a university degree so he can become a professional.
View original language description ↓
Este grupo solidario esta conformado por tres personas que desean salir adelante a base del amor, la union familiar y de sacrificio en el trabajo.

La Sra Maria es la presidenta, una mujer que se define con un caracter fuerte, responsable, honrada y muy trabajadora y con infinito amor hacia su hijo, es por estas virtudes que se a ganado en aprecio de sus vecinos y el amor incondicional de su familia viendo en ella un ejemplo a seguir.

El credito solicitado a Fodemi se lo va a utilizar en la compra de semilla de papa y tambien para la compra de animales como los cuyes y los pollos de campo y lograr poder diversificar sus productos y con esto obtener mejores ingresos para cada una de sus familias.

El sueño que la Sra Maria es comprarse un terreno mas grande, donde pueda seguir con su trabajo de agricultura y de animalitos como cuyes y pollos y con esto mantener unida a su familia que para ella es lo mas importante, mejorar sus ingresos y darle la educacion universitaria a su hijo para que logre ser todo un profesional.

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.

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.

About Ecuador

  • $10,200
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $23,231,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Agro De Maria Group's $1,800 loan helped a member to buy potato seed, guinea pigs and farm chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
N/A
Ended:
May 31, 2013