Check out some available loans that are similar to this one!
María Elena
María Elena is a 25-year-old woman living in San Miguel de los Bancos. She’s a single mother of a son who is 8 years old now. She lives in her mother’s house. Her mother is also María and is 53 years old. She works hand washing other people’s clothes.

María Elena suffered the lack of employment opportunities and, needing to support her son, learned how to make disinfectant supplies for home cleaning two years ago from a friend. Since then, she’s been totally involved in this activity. She works up to ten hours daily because it’s very hard work. What was most difficult for María to learn was sales because, according to her, she had no experience in that. A niece, who is employed in the public sector, visits her in her free time and helps her. María wants to invest in raw materials to make her products so needs a loan to reach the objective that’s part of her great goal.

She loves activities in the fresh air and plays soccer. She tries to share to the greatest extent possible with her mother and son. She dreams with making the business grow and to sell her products nationally.
View original language description ↓
María Elena es una mujer de 25 años que vive en San Miguel de Los Bancos, es madre soltera y su hijo hoy en día tiene 8 años de edad. Vive en casa de su madre que se llama también María y tiene 53 años, ella trabaja lavando a mano ropa de otras personas.

María Elena vivió la falta de oportunidades de trabajo y ya que debía mantener a su hijo aprendió de un amigo la manera de fabricar productos desinfectantes para la limpieza doméstica hace dos años. Desde entonces se dedica de lleno a esta actividad. Diariamente trabaja hasta 10 horas y aunque es un trabajo muy duro a María lo más difícil de aprender fue la venta ya que según nos cuenta que no tenía experiencia en esto. Ella recibe ayuda de su sobrina quien es empleada en el sector público y en su tiempo libre la visita. María quiere invertir en materia prima para hacer sus productos por lo que necesita un crédito y así lograr su objetivo que forma parte de su gran meta.

Ella adora las actividades al aire libre y practica el fútbol, trata de compartir al máximo con su hijo y madre, ella sueña con hacer que su negocio crezca y vender su producto a nivel nacional.

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

About Ecuador

  • $10,200
    Average annual income
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped María Elena to buy raw materials to continue making disinfectants.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 6, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013