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Rosa Elvira
Rosa is a 43 year-old woman who is married to Jose and is the mother of two children: Carina, 21, and Jhonny, 17. They live south of the city of Quito, the capital of Ecuador, in a neighborhood on the outskirts of the city called "Magdalena Alta." Her husband works in construction.

Her family used to raise animals, and so a few years ago she also started in this business. Rosa buys young animals and raises them until she can sell them at a better price. In this way she contributes to the household finances. She tells us that it has been difficult to find financing through the big financial institutions, because they will not give loans to small businesspeople like her that have an informal business.

Rosa dreams of building her own house. To do this, she must expand her business by investing in it. To achieve this objective, Fundación Alternativa has given her support by granting her access to the resources she needs. This way, her quality of life will improve and she will get closer to fulfilling her dreams.
View original language description ↓
Rosa es una mujer de 43 años, casada con Jose y madre de dos hijos: Carina de 21 años y Jhonny de 17 años. Viven al sur de la ciudad de Quito que es capital del Ecuador en un barrio urbano marginal llamado "Magdalena Alta". Su esposo se dedica a la construcción.

Su familia se dedicaba a la crianza de animales por lo que hace unos años ella empezó también con el negocio. Rosa compra animales pequeños y los cría hasta venderlos a mejor precio, de esta manera ella aporta con la economía familiar. Nos comenta que ha sido difícil encontrar financiamiento, las grandes instituciones financieras no dan facilidades a los microempresarios que como ella no cuentan con un negocio formal.

Rosa sueña con construir su propia casa, y para ello debe aumentar su negocio haciendo una inversión y por ello Fundación Alternativa le ha dado su apoyo en otorgarle los recursos económicos que necesita y así su calidad de vida mejore y esté más cerca a cumplir sus sueños.

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
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,146,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Rosa Elvira to buy animals.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012