Fanny narcisa Belduma loaiza

Piñas, Ecuador

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36393

Fanny narcisa needed £952.76 for her business.

Amount Requested

Amount requested:

£952.76

Repayment term

Repayment term:

9 Months

Activity type

Activity type:

Food Production

MFI Partner

MFI partner:

FACES

Fanny Belduma is from the small town of Piñas in the province of El Oro in southern Ecuador. She is divorced with two adult children, the younger of whom still lives at home. For the last ten years or so Fanny has earned an income from making and selling traditional Ecuadorian food called ‘tamales’ and ‘morcillas’. She used to work in a school tuck shop selling cooked food for the students. However, when the contract finished she decided to continue cooking food, since she had all the necessary pots, pans and cutlery. She now cooks from home and makes deliveries to retaurants and shops as well as clients who place orders with her. The best time for sales is during the holiday season when there is an increase in tourists. Her biggest challenge is the fact that she does not own her own vehicle and travel can become difficult during the rainy season. Fanny sells approximately 120 tamales and 20 kilograms of morcilla per week and earns a profit of $750 per month.  She requested a loan to buy a new industrial oven and new larger cooking pots.

loan added: 11 August 2018

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Fanny narcisa's loan Repayment schedule

Date Expected repayments Actual repayments
August 2018 £86.61 --
September 2018 £96.24 --
October 2018 £96.24 --
November 2018 £96.24 --
December 2018 £96.24 --
January 2019 £96.24 --


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