Lorena

Business: 
Bakery
Location: 
Village: El Cantón de Santo Domingo de los Colorados, Ecuador

Two years ago, Lorena decided to take out a loan with FUNDAMIC to start a small bakery. She is currently on her second loan and has used it to purchase materials in bulk. This has substantially increased her profits. Thanks to the loans and her small bakery, Lorena has been able to generate enough income to support her three children, who were abandoned by their father. Two are in elementary school and one is in high school. Lorena has always paid her loans on time. She and her children live with her mother in order to save on rent.