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Sep 24, 2016 5:18 PM ET

Ecuador: Paola Veronica – A loan of $1,500 helps to purchase more jackets, three-piece suits, and pants.

iCrowdNewswire - Sep 24, 2016

Paola Veronica

Tulcán, Ecuador / Clothing Sales
Borrower image

Paola Veronica’s story

Paola is 30 years old, happily married, and has two sons, Daniel, age 4 and Nicolás, recently born who is 3 months old. They live in a home lent by family members. Her husband works with her, for 10 years they have worked selling clothing with different designs. Their distribution is in all the sectors of the city. Their income is useful for sustaining their family. They want to get ahead with their business but they need to purchase more jackets, three-piece suits, and pants so to be able to continue offering their service and covering a great part of the family expenses. In the future, she wants to increase their business and build their own house to improve their living conditions. 

Translated from Spanish by Kiva volunteer Wendy Harris View original language description 

This loan is special because:

It aims to reach vulnerable refugee populations in an isolated region. 

Kiva staff 

More about this loan

This loan is part of VisionFund Ecuador’s effort to reach vulnerable populations located along Ecuador’s frontier with Colombia. This region generally lacks access to financial services and is populated by many Colombian refugees seeking asylum from guerrilla warfare. This loan is designed to help these vulnerable populations improve their lives and set up sustainable businesses.

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.

A loan of $1,500 helps to purchase more jackets, three-piece suits, and pants.

Contact Information:

Paola Veronica

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