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Enrique Gregorio
Enrique is a 52-year-old man. He has three children and lives with his family in Río Verde parish, in Santo Domingo canton. Santo Domingo is a canton and city in the new province of Santo Domingo de los Tsáchilas. This was previously a rural parish of Quito. Santo Domingo is located between Ecuador's coast and mountains. It is a hub between Quito, Guayaquil, Portoviejo and other important cities. Located on the flanks of the western mountain range, on the lower coastal plain, 1000 meters above sea level, it is the rainiest area of the country. The area has great hydrological richness: there are five basins and important micro basins. The area has a subtropical, humid climate. The average temperature is 22 °C.

Enrique works selling soft drinks in the city. However, he also lives on a small farm that produces fruit. His two jobs have enabled him to support his family. His wife helps him with his business activities and they are planning to buy a car which will enable them to transport their products more easily and make income more quickly. This would enable them to enjoy a better quality of life. Enrique requested a loan from Fundación Alternativa to invest in buying products to sell. This will make him an income which will enable him to reach his goal of buying a vehicle to make his work easier.
View original language description ↓
Enrique es un hombre de 52 años, padre de tres hijos vive con su familia en la parroquia de "Río Verde" del cantón "Santo Domingo". Santo Domingo es cantón y ciudad de la nueva Provincia de Santo Domingo de los Tsáchilas, que era parroquia rural de Quito, Santo Domingo está entre la costa y la sierra del Ecuador, punto de enlace entre Quito, Guayaquil, Portoviejo, y otras ciudades importantes. Situado en los flancos externos de la cordillera occidental, así como en la planicie costeña inferior a los 1000 msnm, es la zona de mayor pluviosidad del país. Tiene una gran riqueza hidrológica: existen cinco cuencas y micro cuencas importantes. Es una zona climática lluviosa subtropical, posee una temperatura promedio de 22 °C.

Trabaja vendiendo refrescos en la ciudad, pero además vive en una pequeña finca que produce frutas. Sus dos trabajos le han servido para poder mantener a su familia. Su esposa le ayuda con sus actividades y se han planteado la meta de comprar un auto, con esto podrán sacar más fácilmente sus productos y poder tener ingresos más rápido. Con esto ellos podrán tener una mejor calidad de vida. Solicitaron un crédito a Fundación Alternativa para invertir en productos para venderlos. De esta manera ellos tendrán un ingreso que les permita alcanzar su meta de comprar un vehículo para que les alivie su duro trabajo.

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

  • $10,600
    Average annual income
  • 93
    View loans »
    Ecuador Loans Fundraising
  • $24,158,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Enrique Gregorio to invest in products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012