A loan of $2,325 helped a member to buy merchandise and stock her store.


Elsa's Group's story

Elsa's Group is made up of seven people: six women and one man. Elsa is the president of the group. Elsa is 46 years old and lives in San Lorenzo in the Esmeraldas Province in northern Ecuador. She lives with her ​​husband and her five children, aged 16, 11, 6, 4 and 1 year old. She considers herself to be a very humble woman, who is affectionate with her children and likes to help her husband with what she can around the house. She works in a small shop that does not have much merchandise because she does not have the money to buy the necessary products. This is her first time applying for a loan through FODEMI. The loan she is requesting is to buy merchandise, as she wants to stock up her store with all kinds of food. Her dream is to grow her store, and to see that she has everything she needs to have her store and so improve her income, while improving the quality of life for her and her family with a good diet. She also wants to provide her children with a good education for their children.

In this group: María Elsa, Luz, Betty, María, Elsa, Alicia, David Jose
*not pictured

Translated from Spanish by Kiva volunteer Arabella Pollack



Loan details


Lenders and lending teams



Loan details