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Fanny Lorena
With 39 years of age, Fanny works as a street vendor of women and men's clothing. Fanny also works part time as a saleswoman in a food store. Fanny lives with her husband and their 2 children, ages 15 and 5. Fanny comments that she undertook the clothing sale business with FODEMI and, for this reason, she is very thankful since she achieves having more income to get her children ahead.

Fanny will invest the loan in the purchase of clothing merchandise to offer to her customers. She aspires to buy herself a house in the future since currently, she lives in the house of her stepmother.
View original language description ↓
Con 39 años de edad Fanny se dedica a la venta ambulante de ropa para dama y caballero, Fanny también trabaja a medio tiempo de vendedora en una tienda de víveres, Fanny vive con su esposo y sus 2 hijos de 15 y 5 años de edad, Fanny comenta que el negocio de venta de ropa lo emprendió con FODEMI y que por este motivo está muy agradecida ya que así logra tener un ingreso mas para sacar adelante a sus hijos, Fanny va a invertir el crédito en la compra de mercadería en ropa para ofrecerle a sus clientes, ella aspira en un futuro comprarse una casita ya que en la actualidad vive en la casa de su suegra.

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
  • 67
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fanny Lorena to buy clothing.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2014
Listed
Jul 18, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 19, 2015