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Elizabeth Margarita
Elizabeth is a 33 year old woman. She has two small children, ages seven and five. She is married, and her husband works as a driver. Her youngest child is in the first years of elementary school. The whole family lives in the Chiguilpe parish in the Santo Domingo canton. Santo Domingo is a canton in the Santo Domingo de los Tsáchilas province, which is one of the most densely populated provinces in Ecuador. It has a great attraction because it has various monuments throughout the whole city. Among them is the monument to Indio Colorado, a sector known as Y del Colorado. Santo Domingo is an exceptional canton with its marvelous, hard-working, and entrepreneurial people who struggle untiringly for development and progress. They always receive tourists with open arms and take them to learn about the marvelous culture and environment.

Elizabeth sells cosmetic products. She tells us that she works all day collecting and selling. She believes the most difficult part of the work is “convincing the customer” because you need a lot of experience to do this.

Elizabeth wants to invest in merchandise in such a way that she would not only be able to show the products by catalog, but that the customers could see the actual products. That is why she came to Fundación Alternativa in order to request a loan. She says, “I like the payments terms they offer”. She wants to sell more and aspires to have a better life style.
View original language description ↓
Elizabeth es una mujer de 33 años, madre de dos hijos pequeños de 7 y 5 años. Es casada y su esposo trabaja como chofer. El menor de sus hijos está cursando los primeros años de educación primaria. Toda la familia vive en la parroquia de "Chiguilpe" del cantón "Santo Domingo". Santo Domingo es un cantón de la provincia de "Santo Domingo de los Tsáchilas" el cual es uno de los más densamente poblados del Ecuador. Tiene un gran atractivo ya que posee varios monumentos distribuidos por toda la ciudad entre el que está el Monumento al Indio Colorado, sector conocido como la “Y del Colorado”. Santo Domingo es un cantón privilegiado, con gente maravillosa, trabajadora y emprendedora, que lucha incansablemente por el desarrollo y progreso, que recibe al turista siempre con los brazos abiertos y los lleva a conocer lo maravilloso de su cultura y entorno.

Elizabeth vende productos cosméticos. Ella trabaja todo el día, cobrando y vendiendo como ella mismo nos comenta. Cree que lo más de difícil de su trabajo es "convencer al cliente" ya que para ello se necesita mucha experiencia. Elizabeth quiere invertir en mercadería de tal manera que no solo podrá mostrar los productos por catalogo sino que los clientes los podrán verlos realmente. Por esta razón ella acudió a Fundación Alternativa para solicitar un crédito, ya que como ella comenta "le gusta la forma de pago que ofrecen". Ella quiere vender más y así aspirar a un mejor estilo de vida.

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
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Elizabeth Margarita to buy the merchandise (cosmetics) that she sells.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012