Check out some available loans that are similar to this one!
Martha is a cheerful person who is very dedicated to her work and responsible for trying to improve her family's quality of life. Martha lives in the city of Atuntaqui with her husband and her three children. She works making clothes, having inherited this business from her mother. At the moment things are going well for her as she is distributing her products to some clothes shops in the city.
Martha is requesting a loan from FODEMI to invest in buying thermal and cotton fabric in large quantities so that she can produce her clothes wholesale. This investment will allow her to increase her sales and her income.
Martha dreams of having a larger workshop which will allow her to hire more workers and to become a large company, distributing wholesale all over the country, and using this income to give her children an education and to teach them this nice profession so that they continue the tradition.
View original language description ↓
Martha es una persona feliz, muy dedicada a su trabajo, responsable para poder mejorar la calidad de vida de su familia. Martha vive en la ciudad de Atuntaqui con su esposo y sus tres hijos. Martha se dedica a confeccionar prendas de vestir, este negocio lo heredó de su madre, al momento le está yendo muy bien ya que sus productos los está distribuyendo a algunas tiendas de ropa en su ciudad.
Martha solicita un crédito a FODEMI para invertir en la compra de tela térmica y tela de algodón en cantidad mayores para la realización de sus prendas de vestir al por mayor, inversión que le permitirá incrementar sus ventas e ingresos.
Martha sueña en tener un taller más grande que le permita contratar a más personal y convertirse en una empresa grande y distribuir al por mayor en todo el país y con estos ingresos darles la educación a sus hijos y enseñarles este bonito oficio para que sigan con la tradición.

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
  • 93
    View loans »
    Ecuador Loans Fundraising
  • $25,028,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Martha to buy cotton and thermal fabric to make clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Jan 15, 2013
Currency Exchange Loss:
Feb 20, 2014