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Maria Margarita
Margarita is 64 years old. She is married and has six children of whom only one, who is disabled, lives with her.

Margarita has been raising pigs for 40 years. She is a lady who is very responsible with her payments and with her family.

She is going to invest the loan in the purchase of pigs in order to increase her stock. Margarita’s goal is to continue moving her business forward so that she can have a decent life and support her son, who is disabled.
View original language description ↓
Margarita tiene 64 años de edad, es casada y tiene 6 hijos de los cuales solo uno de ellos vive con ella y es discapacitado, Margarita se dedica a la crianza de chanchos desde hace 40 años, es una señora muy responsable con sus pagos y con su familia, el crédito lo va a invertir en la compra de chanchos para incrementar en sus chancheras, lo que Margarita aspira es seguir adelante en su negocio para tener una vida digna y apoyar a su hijo que tiene esta discapacidad.

Additional Information

More information about this loan

This loan is part of VisionFund Ecuador'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 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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 56
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Maria Margarita to purchase pigs.
89% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 7, 2014
Currency Exchange Loss:
N/A