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Martha Veronica
Martha, 30, es married and has three children. She lives with her family in Ibarra. She describes herself as a good, responsible and honest person.

Martha works alone making wool coats. This is the first time she works with Fodemi and the loan she’s requesting is to buy wool to increase production which will help her increase sales and income thus improving her family’s quality of life. Her dream is to have a large locale to employ people in her business; she also needs to finish her house.
View original language description ↓
Martha tiene 30 años es casada y tiene 3 hijos, vive con su familia en Ibarra. Se describe como una persona buena, responsable y honesta.

Martha trabaja sola en la confección de sacos de lana. Es la primera vez que trabaja con fodemi y el crédito que solicita es para la compra de lana para poder incrementar su producción debido a que le ayudará a incrementar sus ventas e ingresos con lo cual mejorará su calidad de vida de su familia.

Su sueño es tener un local grande para poder emplear personal en su negocio, también tiene la necesidad de acabar su casa.

Additional Information

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.

About Ecuador

  • $10,600
    Average annual income
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $26,542,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Martha Veronica to buy wool.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Oct 11, 2011
Currency Exchange Loss:
Oct 15, 2012