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Maria Quisalima Simbana,
Ecuador
Maria Quisalima Simbana is a thirty-five-year-old mother of three from Ecuador. She had always hoped to own her own business one day, and so decided to study fashion and sewing. She began her business in the room where she lived. With only one sewing machine, she began building a clientele, but needing to continue growing, she eventually fell victim to local money lenders. In 1992, a neighbor told her about the Fundacion Ecuatoriana de Desarrollo. She received her first loan and began to expand her business. FED provided training and assistance in health for Maria and her children, the only requirement being that she make her payments on time.
As of today, she has taken seven loans. Her business has grown to include five sewing
machines and four employees. Maria's next goal is to have her own house where she can
establish her business for her family's peace of mind.
Name of microfinance programme: Fundación Ecuatoriana de Desarollo (FED) Hari Srinivas - hsrinivas@gdrc.org  Return to the Human Angle Return to the Virtual Library on Microcredit
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