Daughter of Hector Moncayo, Fanny Raquel Moncayo was taught by her father who guided her hands since she was a young girl and inculcated within her a love of beautiful works of art, as those of the grand world masters from years past. In this way he left in her a study sufficient to value and differentiate true art. He also left her his knowledge and the secrets of the different techniques of painting and other artistic forms of expression.

Her father was the one whose art seduced her into participating in painting. She began to paint at the age of 12, still a girl, she had to share her studies with the burning desire to get home to bring to stretch her little canvasses. Fanny Raquel started out with common landscapes of  her beautiful Ecuador, many of it's inhabitant were her preferred themes. At one time as an alternative to painting the beautiful corners of her land, she chose to paint the churches at different angles. It was here that she felt compelled and challenged to complete a series of paintings, on the heads of pins, forming a complete collection of Ecuador's colonial churches. That was her most precious treasure, but they were lamentably stolen from her.

Later, when she turned 17 years of age, she married Sr. Alfredo Martinez, and upon becoming a mother, this beautiful feeling permitted her to encounter another facet of her life – to begin painting children. After this incursion, she decided to introduce herself to the human figure that certainly has filled her with great satisfaction.

All of this restlessness has given her the confidence to decide to accept the petition of certain people to give them classes - -many of these students are already practicing painters and knowledgeable but want to reinforce their pictoral experience.

Amid all this bustling about, she has had many expositions in her city and out of the country, in Venezuela, Colombia and Peru.

The youngest of her sons, named Leonardo, also inherited this artistic ability, outstanding in the technique of water color, charcoal and pen and ink - and he feels most satisfied executing portraits. It is worth exalting his knowledge in sculpture as well, which he was guided in by the great teachers in the school Bernardo de Legarda. He signs his works simply as "LEONARDO".