Check out some available loans that are similar to this one!
Mercy
Mercy’s an enterprising woman who by means of work and effort has succeeded in building her dreams. She defines herself as a humble, supportive, very hardworking woman who has dreams. Mercy’s 41-years-old and a widow; she has two children she lives with and who she adores and her reason for living. The business she has is a hardware store she started more than 15 years ago in the city of Ambato.

The loan Mercy’s asking FODEMI for is to continue adding stock merchandise to her hardware store which has been growing and has acquired a larger number of customers. This investment will help Mercy meet current demand.

Mercy’s dream is to continue working in her hardware store and to eventually open branches for her family members to run and with income earned be able to provide her children with university education. She hopes her children will manage the hardware store.
View original language description ↓
Doña Mercy es una mujer emprendedora que a base de trabajo y esfuerzo ha logrado construir sus sueños, Doña Mercy se define como una persona humilde, soñadora, solidaria y muy trabajadora, Mercy tiene 41 años, ella es viuda y tiene 2 hijos con los cuales vive y son su adoración y razón de vivir, el negocio que ella tiene en una ferretería que inicio hace más 15 años en la ciudad de Ambato.
El crédito que la señora Mercy solicita a FODEMI es para seguir incrementando mercadería en la ferretería que tiene, la cual ha ido creciendo y se ha ido ganando mayor número de clientes los, y la inversión ayudara a Mercy a satisfacer la demanda existente en estos momentos.
El sueño que Mercy tiene es seguir trabajando en su ferretería y lograr tener otras sucursales para que trabajen sus familiares y darles con estos ingresos una buena educación universitaria a sus hijos, con la esperanza de que la ferretería la administren sus hijos.

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
  • 97
    View loans »
    Ecuador Loans Fundraising
  • $24,110,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mercy to buy merchandise to stock her hardware store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 27, 2013