Total loan: $800
Otavalo, Imbabura Province, Ecuador / Food
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A loan helped to buy an industrial stove and to buy foodstuffs.
Delia Andrea's story
Delia, 33, lives with her four children in Otavalo which is in Imbabura Province. Delia considers herself to be a very cheerful person who enjoys her work and is very supportive of others. She has had a food stand at the Otavalo land terminal for three years. She has asked for Fodemi loans for three years. The current loan is to buy an industrial stove because the one she’s using now is borrowed and she has to give it back. She will also use the money to buy foodstuffs to cook in her stand. This investment will help her because her stand will be more presentable with the new stove and business will increase; her income will be good and she’ll be able to help her children to go to school. Her dream is to have a locale of her own to increase clientele and sell more because she needs to earn higher income because it’s currently not enough to support her children.