Carmen sells vegetables and has been in this line of work for 12 years. She is also part of a work crew, which allows her to cover her children’s expenses since two of them are studying. Her loan will be invested in the purchase of vegetables so that she can increase her business. Through her business, she aspires to provide her children with at least the most basic needs.
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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 EcuadorVisionFund 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.
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