Funded

Total loan: $1,200
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Mónica

Ecuador
Ambato, Ecuador / Manufacturing

A loan of $1,200 helped to buy tractor tires in order to then remove the rubber and make different products.


Mónica's story

Mónica is forty-four years old and is described as a cheerful and hard-working person who is very positive in her posed objectives. Mónica is a single mother and has one seventeen-year-old daughter. She loves her daughter and wants to give her everything she needs.

Mónica works in making rubber products, a business that allows her to cover the home expenses like food, clothing, and her daughter's studies.

Mónica has been working with Fodemi for two years. The current loan she requests will be used to buy tractor tires; she will then remove the rubber and use it to make different products. This investment will help Mónica to be able to efficiently meet the demand that she presently has and thereby obtain a good income.

Mónica dreams of continuing to work in her business and to continue expanding her business to new places with her products. In doing this, she will be able to combine her incomes and construct her own house.

Translator profile picture

Translated from Spanish by Kiva volunteer Christina Mellace



Loan details

Loan length:

14 months
Disbursed date: December 19, 2012
Facilitated by Field Partner: VisionFund Ecuador

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 19, 2012
Facilitated by Field Partner: VisionFund Ecuador