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Creciendo Juntos 2 Group
In this Group: Maria Jose, Glendys Segunda, Edison Tairon, Maribel Rocio, Ana Maria, Adelma Dilis, Sobeida, Leyla Victoria
Leyla has always lived in Rocafuerte. She is 47 years old and lives with her husband and her three children, one of whom has special needs. She lives in a small house that the government donated to her family for having a chid with a handicap. All of her children are studying including her son who is disabled and has to go to the nearest city in order to be able to attend classes. Her husband works in fishing and in his free time, works on appliance repairs. Taking advantage of the location of their house, she sells nutritious snacks to students of the school that is in front of her home. With the past loan, she was able to buy several windows and purchase a bazaar with a large product variety. Also, Leyla makes jewelry with native materials. With this new loan, she hopes to fill her home with children's clothes, interior items, and nutritional snacks for students. In a span of 3-5 years, Leyla wants to have a place to hold her business and not continue in her home because it is too small. She feels that FODEMI is a great help for the people that need financial capital to improve the quality of life of their neighbors and their community, by strengthening small businesses.
View original language description ↓
LEYLA desde siempre ha vivido en Rocafuerte. Tiene 47 años vive con su esposo y sus 3 hijos- uno de ellos con capacidades especiales.
Vive en una pequeña casa que el gobierno dono por tener un familiar con discapacidad. Todos sus hijos estudian incluyendo el niño con discapacidad- quien tiene que ir hasta la ciudad más cercana para poder asistir a clases. Su esposo se dedica a la pesca y en su tiempo libre se dedica a la reparación de electrodomésticos.
Aprovechando la ubicación de su casa, ella vende refrigerios nutritivos a los alumnos de la escuela que queda frente de su casa.
Con el crédito anterior pudo comprar varias vitrinas y ponerse un bazar con muchas variedades de productos. A demás LEYLA elabora bisutería con material autóctono.
Con este nuevo crédito. Ella desea surtir su local con ropita de niños, interiores, refrigerios para estudiantes con alto valor nutritivo.
LEYLA desea en un lapso de 3 a 5 años tener un local donde poner su negocio y no continuar en su casa porque es demasiado pequeña.
Opina que FODEMI es una buena ayuda para las personas que necesitan de un capital económico para mejorar la calidad de vida de sus vecinos y su comunidad a través de el fortalecimiento de sus pequeños negocios.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Creciendo Juntos 2 Group's $5,600 loan helped a member to buy children's clothing, interior items, snacks for students with high nutritional value.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2014
Listed
Jul 15, 2014
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2015