Ecuador
Fanny Esperanza is a 58 years old entrepreneur woman who resides in the Bolívar canton, located in the Carchi province in northern Ecuador. She is a widow and has spent her entire life working in the fields. For the past 15 years, she has been dedicated to cultivating peas, beans, and onions on a rented one-hectare plot of land. She sells the products she harvests to traders and at the local organic products market in the area.
Fanny is requesting a loan of $1500 to be repaid over 15 months, with monthly payments. She plans to invest $470 in purchasing onion seeds, $350 in buying organic fertiliser to be used for planting, flowering, and growing the crops, $290 in purchasing agricultural inputs for soil maintenance, and $390 in labour costs for the individuals who will work on planting and maintaining the crops.
Loan added: 7 August 2023
Fanny Esperanza's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £117.66 | ||
| £72.17 | ||
| £72.64 | ||
| £73.96 | ||
| £74.51 | ||
| £75.81 | ||
| £76.44 |
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.
