100%

funded

Total loan: $4,500

Unidos Venceremos Group

San Lorenzo, Esmeraldas Province, Ecuador / Food

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A loan helped to buy healthy foods for school snacks.


Unidos Venceremos Group's story

Maria Isabel is 42 years old. She lives in Borbón with her husband and their four children. Her husband sells wood for a living. Her children normally attend school. For two years now she has been selling soft drinks, such as sodas, bottled water, and natural juices, at a small, improvised kiosk in her home where she takes advantage of the passing interprovincial transport vehicles to sell her products. She found out about FODEMI and the advantages of having the possibility of growing her business thanks to her friends from the neighborhood who already loans with this institution. Maria Isabel is a very hardworking and enterprising woman who wants a comfortable shop in the future that will allow her to better serve her customers. With this loan she wants to offer parents the convenience of having snacks for their children (students) close to home. For this she will buy prepared oatmeal, yogurt, fortified cookies, and cereals that are nutritious for the students, as for many years they have been eating products that are not healthy. To complete this business and stock her store more she will sell plastic products (containers, cups, spoons) and other utensils that are greatly needed in this business. Additional Information All the members of this group are from the same area and have different businesses. They will each receive a sum of $500.00 dollars and they also meet monthly to arrange payment of their loans.