Funded

Total loan: $5,000
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Loma Linda Group

Ecuador
San Lorenzo, Ecuador / Agriculture

A loan of $5,000 helped a member expand his agricultural produce and help his neighbors through farming.


Loma Linda Group's story

In the town of Loma Linda lives Guillermo with his wife and their seven children. Guillermo is 35 years old now, and from the time he was a baby, he learned how to be a farmer from his father. His wife is devoted to the to-dos of the house, and their children regularly attend classes.

This is Guillermo's first credit from FODEMI, and with the experience he has in his work, he is sure to be able to make progress and work toward the benefit of his community. Through agriculture, he can provide his neighbors with the opportunity to work with him. This loan will help him improve his production of yucca, sugar cane, lumber, and cocoa in his community. In addition, he wants to begin selling fresh fish.

Guillermo is part of the Chachi culture. In his group, there are ten people from his own community and nearby ones. He said that it took him about six hours to get to San Lorenzo from his village. For a rural farmer, this is a great opportunity since it doesn't require him to put his lands up against the loan and the requirements are minimal. It's also important to note traditional banks don't reach his communities.

In this group: Pedro, Liberato, Bolivar, Virgilio, Maria Luisana, Rodolfo, Felipe, Pedro Carlos, Jose Guillermo, Leticia Mireya
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Shannon Skoglund



Loan details

Loan length:

14 months
Disbursed date: June 19, 2014
Facilitated by Field Partner: VisionFund Ecuador

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: June 19, 2014
Facilitated by Field Partner: VisionFund Ecuador