Kiva Loan Dedication

Andoas I Group

Clothing
Clothing
Ecuador
Pedro Vicente…
Ecuador
$5,450
Loan
Amount

Milton who is 49 years old, lacked financial resources in his family, so had an elementary school education. He is single, has a son that works with him and he has the same name. Although born in Manabí, Ecuador, because of circumstances beyond his control, he now lives in the town of Pedro Vicente Maldonado in the province of Pichincha in Ecuador. In this canton people can find several places to visit such as rivers and forests that are tourist attractions, and if they visit during the canton’s fiestas they can experience the craft shows and fairs where agriculture and…

Milton who is 49 years old, lacked financial resources in his family, so had an elementary school education. He is single, has a son that works with him and he has the same name. Although born in Manabí, Ecuador, because of circumstances beyond his control, he now lives in the town of Pedro Vicente Maldonado in the province of Pichincha in Ecuador. In this canton people can find several places to visit such as rivers and forests that are tourist attractions, and if they visit during the canton’s fiestas they can experience the craft shows and fairs where agriculture and livestock shapes the riches of many people. These activities combined with commerce have provided opportunities for private enterprise to build hotels, hostels and various service offerings for tourists. However, the main activity of this town is agriculture and livestock that each year allow the index of financial production to climb despite the scant dispatch of technology there. Among the plains, scenery and mountains, the inhabitants of this place take advantage of every opportunity or necessity of the visitors and those around them to carry out their business ideas that each day grow and contribute to the growth of industry. Milton has worked for several years selling casual clothing. He learned from family experience and now he wants to expand his business buying seasonal clothing to make his business grow and in this way attract more clients. He thinks that it is appropriate to maintain savings so that in his old age he can sustain his health, food and whatever eventuality. Together with Milton he has joined family and friends who have the same entrepreneurial spirit as Milton and who want to excel in their business activities. This describes Katty, Ricardo, Joffre, Norma, Jasmin and Elsa who are engaged in raising chickens for later sales and each one hopes to expand their earnings buying chickens and improving their breeding places. Eda María is a seamstress who has been making clothing for many years and needs to increase her business. Lourdes works selling cosmetics as a traveling salesperson and she wants to buy products to maintain her stock. They have joined together to get a loan through Fundación Alternative, where besides being fast and reliable, they received important tools for the growth of their businesses.

To: Julie

I chose this loan because... Julie continues to be a wonderful Kiva friend no matter how many thousands of miles or hours of daylight separate us.

Dedicated
December 24, 2012
by Sharon