Funded

Total loan: $275
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Luz Magali

Ecuador
Cuenca, Ecuador / Crafts

A loan of $275 helped invest in her business in the purchase of materials such as: plush, down, fabric, lace, eyes, etc.


Luz Magali's story

Luz lives on 3-44 Cebollar Street, in the city of Cuenca. She is 35 years old, married, and has four children, ages 14, 10, 5, and 3 years old. The oldest of her children is studying in the high school Cesar Dávila. Her younger children are in the school República de Alemania (Republic of Germany). They live in their parent's house, but they are not dependent on them. Her husband is a driver for a business and is the biggest support in the home, being the right-hand man.

Luz makes plush toys. She has worked in this business for 5 years or so. It is a good business because she sells plush toys all year long, and even more during the Christmas months and St. Valentine's Day. She works together with her children.

She has been with the FUNDACIÓN ESPOIR for six cycles, and she is grateful for the benefits she receives and the good treatment they offer. With the loan that the foundation will give her, she is going to invest in her business, purchasing more material, such as plush, down, fabric, lace, polyester, eyes, etc.

The benefit of working at home is that she can spend all day with her children at her side, and she can take care of her home. Her goal for the future is to have her own house.

Translator profile picture

Translated from Spanish by Kiva volunteer Amy McGinty


Loan details

Loan length:

6 months
Disbursed date: August 14, 2009
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 14, 2009
Facilitated by Field Partner: Fundación ESPOIR