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Myriam Patricia
Patricia is a single mother with four children who are 8, 10, 13 and 20 years old. Three of them live with her and are in school and the eldest daughter is already independent. Patricia works in the sale of foodstuffs and it has been a year since she began her business, which is a store. She will invest the loan in the purchase of merchandise for the store.

Patricia's goal is to continue growing her business in order to make money and cover the expenses incurred educating and maintaining her children. She says that is her greatest pride since she struggles only for her children.
View original language description ↓
Patricia es madre soltera, tiene 4 hijos de 8, 10,13 y 20 años, de los cuales 3 viven con ella y están estudiando y la hija mayor ya es independiente, Patricia se dedica a la venta de productos comestibles, es un año que tiene su negocio que es una tienda, el crédito lo va a invertir en la compra de mercadería en productos de tienda, la meta de Patricia es seguir adelante en su negocio para tener dinero y cubrir los gastos que implica la educación y mantención de sus hijos y dice que ese será su mayor orgullo ya que ella lucha sola por sus hijos.

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.

About Ecuador

  • $10,600
    Average annual income
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Myriam Patricia to buy products for a general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015