Ecuador
María Fernanda is 28, married with two children and lives in the canton of Espejo in Carchi province. For the past 10 years she has been growing potatoes which she sells at the wholesale markets in Quito. She uses the income to cover her children’s necessities.
María Fernanda Enriquez Arciniega is requesting a loan of US $3,000 (£2177.12) she will pay back over 24 six-monthly installments. Please see the repayment schedule below for more details.
She will use the money to buy fertiliser for US $1600 (£1161.13), agricultural supplies for US $950 (£689.47) and she will pay US $650 (£472) for manual labour. She plans to hire 40 people to bring in next month’s harvest.
María is ready to harvest her potatoes which she will sell in Quito. She usually produces about 100,000 kg of potatoes each harvest and she generates local employment for at least a week.
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
María Fernanda's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £218.11 | ||
| £0.00 | ||
| £0.00 | ||
| £0.00 | ||
| £0.00 | ||
| £0.00 | ||
| £480.03 |
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.
