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Soraida Lucia
Lucia is a woman who is separated from her husband. She has four children, ages 16, 15, 13, and 11. The children go to school. Lucia says that on Thursdays she gets up at three in the morning to go to other cities where she is able to get her merchandise cheaper. She then goes to sell at the fairs in other cities. She does this until Sunday. Mondays through Wednesdays she knits wool bags.

She will use this loan to buy her merchandise of potatoes and fruit. She puts forth great effort in order to get her children ahead. Through her business she wants to have enough money for her children to complete their education.
View original language description ↓
Lucia es una señora separa su esposo, tiene 4 hijos de 16, 15, 13 y 11 hijos los que se encuentran estudiando, Lucia comenta que los días jueves madruga a las 3 de la mañana para trasladarse a otras ciudades donde poder conseguir más barato su mercancía, luego se traslada a vender en las ferias de otras ciudades, esto lo realiza hasta el domingo, de lunes a miércoles se dedica a tejer sacos de lana, es crédito lo va a invertir en la compra de mercadería en papas y en frutas, ella se esfuerza mucho para sacar adelante a sus hijos, mediante su negocio ella aspira que le alcance el dinero para que sus hijos terminen sus estudios.

Additional Information

More information about this loan

This loan is part of FODEMI’s effort to reach vulnerable populations located along Ecuador’s frontier with Colombia. This region generally lacks access to financial services and is populated by many Colombian refugees seeking asylum from guerrilla warfare. This loan is designed to help these vulnerable populations improve their lives and set up sustainable businesses.

About FODEMI, a partner of World Vision International

FODEMI 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

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,566,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $700 helped Soraida Lucia to buy potatoes and fruit.
39% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2014
Listed
May 10, 2014
Currency Exchange Loss:
N/A