Maria Cecilia is 25 years old and lives in the city of Cotacachi in northern Ecuador. She is married and lives with her aunt, her husband, and their 2-year-old daughter. She describes herself as an indigenous women with a strong desire to work and progress honorably. Her business is an artisan workshop that makes bags, jackets, and sweaters. She began her business with a loan to buy sewing machines. She is seeking this loan to purchase fleece to make sweaters. Maria Cecilia reports that her business is going well and that she has many orders, especially for upcoming holidays. She hopes that his loan will help her increase her income and improve the quality of life for her and her family. In the future she wants to improve her sewing machines and employ other people in her business.
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.