Ecuador
Ligia Elena Carguacundo Hidalgo is 38, single and lives in Ibarra with her family. For the past four years she has been working making and selling shoes. She learned the skill from her brothers, and would now like to invest in her business to be able to cover her needs.
Ligia Elena is requesting a loan of US $1,000 (£726) that she will pay back over 12 months. She plans to buy a machine for sewing shoe soles costing US $800 (£581), leather for US $45 (£33) and shoe soles for US $55 (£40).
She aims to improve the quality of the shoes that she makes, and to increase her sales within a few months.
If you are lending, please be aware that due to the current COVID-19 pandemic your repayments could be at greater risk of delay or default.
Loan added: 9 February 2021
Ligia Elena's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £72.70 | ||
| £57.01 | ||
| £57.14 | ||
| £57.03 | ||
| £58.52 | ||
| £59.34 | ||
| £60.80 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
