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Israel Moises
Israel is a 29 year-old man who lives together with his wife Jésica and 3 children in the municipality "Santa Martha" of Santo Domingo that is the canton and city of the new Provincia de Santo Domingo de los Tsáchilas, which is the rural municipality of Quito (the capital of Ecuador). It is considered a hub between important cities of the country. It is the area of the most rainfall in the country and therefore has a great abundance of water.

Israel works selling seafood; he begins his work day very early in the morning and ends mid-afternoon. He works with a friend, from whom he learned this craft 13 years ago.

He wants to invest in buying a good quantity of seafood and take advantage of the price of this season. This way, he will be able to generate higher income. It is his second loan with Fundación Alternativa, which is the institution that will broker between the lenders of Kiva at a worldwide level and Israel. In his first loan, he obtained training from this institution. He tells us that he enjoys the attention provided by his business official.

He hope that with this investment he is able to improve his quality of life. He wants to have his business in an independent manner and grow in order to offer his family economic stability.
View original language description ↓
Israel es un hombre de 29 años quien vive junto a su esposa Jésica y tres hijos en la parroquia¨"Santa Martha" de Santo Domingo que es cantón y ciudad de la nueva Provincia de Santo Domingo de los Tsáchilas, que era parroquia rural de Quito (capital del Ecuador). Es considerado como punto de enlace entre ciudades importantes del país. Es la zona de mayor pluviosidad del país y por ello tiene una gran riqueza hidrológica.

Israel trabaja vendiendo mariscos; empieza su jornada laboral muy temprano en la madrugada y termina a mitad de la tarde. Trabaja con un amigo, de quien aprendió este oficio hace 13 años.

El desea invertir comprando una buena cantidad de mariscos y aprovechar el precio de esta temporada, de esta manera podrá generar mayores ingresos. Es su segundo crédito con Fundación Alternativa, que es la institución que intermediará entre los prestatarios de Kiva a nivel mundial e Israel. En su primer crédito él obtuvo capacitación por parte de esta institución. Nos comenta que le gusta la atención brindada por su oficial de negocios.

El espera que con esta inversión pueda mejorar su calidad de vida. El quisiera tener su negocio de una manera independiente e ir creciendo para ofrecer a su familia una estabilidad económica.

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
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Israel Moises to buy seafood to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014