Check out some available loans that are similar to this one!
Juan
Jusn is 57 years old. He lives with his wife, Maria Laura, and their children who are 14 and 12 years old. They live in the district of Valle Hermoso in Santo Domingo, which is a dynamic city and welcoming part of the province of Santo Domingo de los Tsáchilas. In this area live people from all different parts of Ecuador, which makes it a diverse and entrepreneurial location. The area has a rainy subtropical climate, with an average temperature of 22.9°C. Because of it's geographic location it has high commercial activity, because it has become a trading hub between the mountains and the coast. The most important commercial activity is cattle because it is the most developed ranching area in all of Ecuador.

Juan farms cacao and raises pigs, which he has been doing for the past 16 years along with his wife. He works from Monday to Saturday, working almost all day in these activities. This hard working man wants to buy more cacao seeds to increase his crop and he also wants to buy more pigs. In this was he hopes to have increased income and with it be able to improve his quality of life. It is the second loan he has taken out through 'Fundación Alternativa', which is the institution that acts as the intermediary between Kiva lenders and Juan. This institution not only provides access to loans, but also gives trainings and advice to assure sustainable growth.

This is his second loan; with the first he made his payments very punctually. He is considered to be an excellent customer by his credit counselor.
View original language description ↓
Juan es un hombre de 57 años quien vive junto a su esposa María Laura y sus dos hijos de 14 y 12 años en la parroquia de "Valle Hermoso" en Santo Domingo, que es una ciudad dinámica y acogedora perteneciente a la provincia de "Santo Domingo de los Tsáchilas". En esta tierra habitan ciudadanos de todos los rincones del Ecuador, lo que la hace diversa y emprendedora. Se encuentra en una zona climática lluviosa subtropical, teniendo una temperatura promedio de 22,9°C. Por su ubicación geográfica, tiene un comercio muy activo ya que se ha convertido en un puerto terrestre de intercambio entre sierra y costa. La actividad más importante es la ganadera, pues es aquí es en donde se desarrolla el mayor mercado ganadero del Ecuador.

Juan trabaja cultivando cacao y criando cerdos desde hace 16 años junto a su esposa. Su jornada es de lunes a sábado, y nos cuenta que trabaja casi todo es día en estas actividades. Este hombre trabajador desea comprar más semillas de cacao para aumentar sus sembríos y cerdos. De esta manera aspira tener mayores ingresos y con ello mejorar su calidad de vida. Es su segundo crédito con Fundación Alternativa, que es la institución intermediaria entre Juan y los prestamistas a nivel mundial; esta institución no solamente le brindará un crédito sino que además le dará capacitación y asesoría, asegurando así su crecimiento sustentable.

Este es su segundo crédito, siendo el primero cancelado con mucha puntualidad. Este es considerado un excelente cliente por su asesor de crédito.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Juan to buy cacao seeds and pigs to increase his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012