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María Teresa
María is a 33 year old mother of three. She lives in the parish of "Abrahan Calazacón" in Santo Domingo, a canton in the province of Santo Domingo de los Tsáchilas. It is one of the most densely populated cantons in Ecuador. It is very popular because it has monuments throughout the city, including the Monument of the Indio Colorado, an area known as the “Colorado For in the Road”. Santo Domingo is a privileged canton with marvelous, hardworking and enterprising people who welcome tourists with open arms to show them what is wonderful about their culture and environment.

Despite only having a primary school education, she has been able to support her children and give them everything they need to live a modest life. Despite the lack of things they could have, they haven't lacked for love and dedication from their mother. She has worked for some years selling grilled meat. She cooks it on a medium sized grill outside. Her daily shift is four hours long. She learned this trade from some relatives.

Her grill needs to be fixed; it has holes on the sides. She also wants to buy a tent and a cooler. Since she doesn't have the necessary financial resources available, she has decided to ask for a loan, which wil allow her to make this investment so she can better attend to her customers and attract new ones.

She wants to increase her income and would one day like to have a more formal business and in the long term build her own home so she can ensure her children's future.
View original language description ↓
María es una mujer de 33 años madre de tres hijos, vive en la parroquia de "Abrahan Calazacón" en "Santo Domingo" que 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.

A pesar de únicamente contar con la educación primaria, ha sabido mantener a sus hijos y darles tolo lo necesario para que lleven una vida modesta, y a pesar de las carencias que pudieran tener, no les ha faltado el amor y dedicación de su madre. Ella trabaja desde hace algunos años vendiendo comida asada, la cual prepara en una parrilla mediana en un puesto de comida a la intemperie; su jornada laboral es de cuatro horas al día. Este oficio lo aprendió de sus familiares.

Su parrilla ya necesita renovación, tiene varios agujeros a los lados. También quiere comprar una carpa y una hielera, y al no tener los recursos económicos disponibles ha optado por solicitar un crédito el cual le permita realizar esta inversión para que así pueda atender mejor a sus clientes y atraer nuevos.

Ella quiere incrementar sus ingresos, quisiera algún día tener un negocio más formal y a largo plazo construir su casa propia de tal manera que pueda asegurar el futuro de sus hijos.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped María Teresa to buy a new grill, a tent and a cooler.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013