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Carmen, 19 years old, is an enterprising, modest, and hardworking young woman. She describes herself as an honest person with ethical values that she learned from her mother. She feels that her work helps her grow each day into a better person. For Carmen, the most important thing is to help her mother get ahead and help her younger siblings to continue studying to one day become professionals.

The loan Carmen is requesting from Fodemi will be invested in the purchase of guinea pigs to raise and sell. She will also buy seeds of large onions since she has a plot of land where she can sow them to later sell and increase her family's earnings. Carmen's dream is to continue to raise small animals and grow vegetables. Then, with her earnings, she can help out more at home and help pay for her siblings' education. Above all else, she hopes to raise her family's quality of life.
View original language description ↓
La Señorita Carmen es una joven de 19 años muy emprendedora, humilde y trabajadora, Carmen se define como una persona, honrada, con valores éticos inculcados por su madre para Carmen el trabajo le engrandece y le hace crecer día a día como una mejor persona, lo importante para ella es sacar adelante a su madre y a sus hermanos pequeños y seguir estudiando para ser una profesional.

El crédito solicitado a Fodemi se lo invertirá en la compra de cuyes para la crianza y la venta, además también se invertirá en la compra de semilla de cebolla larga ya que poseen un terreno donde sembrar y con esto obtener mayores ingresos económicos para la familia.

El sueño que Carmen tiene es seguir con la crianza de animalitos y la agricultura y con los ingresos de estas actividades ayudar en la casa de sus padres y a sus hermanos pequeños brindándoles el estudio, y más que todo mejorar la calidad de vida de toda 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
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Carmen to buy guinea pigs and seeds to grow large onions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 19, 2012
Dec 17, 2012
Currency Exchange Loss:
Sep 6, 2013