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Monica Cecilia
Mónica is 29 years old, her main qualities are being a hardworking woman, very cheerful and with a lot of motivation for making her family prosper. She lives with her three children in the town of Ibarra. She works with her brother-in-law weaving woollen clothes such as coats, hats, and gloves. Mónica has been in this line of business for one year and she has been steadily accruing her clientele because of the excellent work she does. She now needs to increase her production in order to generate sales and income, and has thus taken out a loan with the intention of buying wool to make coats, trusting she will earn more if she produces more. Mónica dreams of buying more machines and being able to hire personnel in order to make her business grow, produce more, and earn more, ultimately improving her family's standard of living.
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Mónica tiene 29m años, se destaca por ser una mujer trabajadora, alegre y con muchas ganas de salir adelante con su familia. Mónica vive con sus tres hijos en la ciudad de Ibarra.

Mónica trabaja con su cuñado en la confección de tejidos como sacos, gorras de lana, guantes de lana. Mónica trabaja en este negocio un año y constantemente por su excelente trabajo ha ido ganando clientela, ahora necesita incrementar su producción para tener ventas e ingresos, por lo cual ha realizado un crédito con la intención de comprar lana para tejer sacos y obtener una buena producción y mejores ingresos.

Mónica sueña en comprar más máquinas y poder emplear a personal para que su negocio crezca en cuanto a producción e ingresos mejorando la calidad de vida de su familia.

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
  • 74
    View loans »
    Ecuador Loans Fundraising
  • $25,580,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Monica Cecilia to buy wool to make more coats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Jul 28, 2012
Currency Exchange Loss:
Sep 6, 2013