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María Alejandra
Alejandra, a young woman of 30, is single and lives with her parents in Los Bancos, a rural area in the province of Pichincha which is home to the capital of Ecuador. One of the main natural resources in Los Bancos is water. Countless streams and springs begin in that region and later turn into rivers of considerable size. There is a lot of commerce in the town, most of which happens on the main street where there are hotels, restaurants and shops, largely selling agricultural products as well as veterinary services and basic household goods.

Her main obstacle has been not having completed her formal education because she only finished high school. Due to financial need and her entrepreneurial spirit, 5 years ago she started selling plastic products and jewelry.

Alejandra wants a loan so that she can make improvements to her home and also buy merchandise for her store. That way she can increase the products she offers which will help her to pay off the loan that will also help her fix her house.
View original language description ↓
Alejandra, es una mujer joven de 30 años, soltera, que vive junto a sus padres en "Los Bancos" que es un cantón rural de la Provincia de Pichincha, donde se encuentra la capital del Ecuador. Uno de los principales recursos "Los Bancos" es el hídrico ya que en su territorio se originan un sin número de riachuelos y pequeñas vertientes que dan paso a ríos de considerable tamaño. Este cantón tiene un gran movimiento comercial que se desenvuelve en la calle principal, donde se encuentran hoteles, restaurantes y almacenes, sobre todo de productos agropecuarios, así como servicios veterinarios y tiendas para el consumo diario de la población.

Su principal obstáculo ha sido el no poder haber terminado su formación académica ya que únicamente cursó la secundaria. Debido a las necesidades económicas y a su espíritu emprendedor, desde hace 5 años abrió su local de productos plásticos y bisutería.

Alejandra desea un crédito que le permita arreglar su casa y además comprar mercadería para su local. De esta manera podrá ampliar la oferta de productos de su local y con ello poder pagar el crédito que también servirá para arreglos de su vivienda.

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
  • 106
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped María Alejandra to make improvements to her home and buy merchandise for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012