A loan of $1,200 helped a member to supply her store with various products to get good Christmas sales.

Margarita's Group's story

Margarita's Group is a group of three women responsible for their families and work. Margarita is the president of this group because she is a strong woman, very much a fighter, proactive, kind. She also likes to improve her lifestyle every day. Margarita is the mother of a family. She lives with her husband and four children in the city of Cayambe, which is located a half hour from Otavalo.

Margarita has a store in which her family works because it is the only source of family income to support their expenses. This is the first time she is getting a loan from FODEMI. This loan will be invested in buying various products for her store because during the Christmas season sales and income go up. This is why she wants to take advantage, because it will directly benefit her family, improving their quality of life.

Margarita's dream is to be able to export products and for her children to learn the business since it can generate good profits for them.

In this group: Margarita, Laura, Laura

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details