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José Guillermo
José is 26 years old, and is married with two sons, one of whom is three years old, and the other is just a few months old. Their family lives in “Los Bancos,” which is a rural community in the Province of Pichincha, which is also home to the capital city of Ecuador. One of the main natural resources present in Los Bancos is water. In fact, countless streams are born there, and then run down the slopes of the land as they form sizeable rivers. The community is bustling with trade, especially along the main street, where there are hotels, restaurants, stores, and many agricultural products for sale. There are also veterinary services and many small general stores.

José has worked hard selling wood for over six years. He learned this trade from his family members, who also work in the industry. One of the greatest challenges he has faced is how to transport wood down to the market for sale. José wants to invest in purchasing load-bearing animals for his business, which would allow him to reduce his costs for freight and renting transportation. This would simultaneously increase his income, as he would be the owner of his own transportation.

In his free time, he likes to be with his family. José’s dream is to settle his estate so he can focus his efforts on raising animals and on farming. In order to do that, he needs to save up more money. He hopes that, with the support from this loan, he will be one step closer to having the farm of his dreams and to improving his quality of life.
View original language description ↓
José es un hombre joven de 26 años,que es casado y tiene dos hijos, uno de tres años y otro recien nacido de dos meses. Toda la familia vive 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.

Este gran hombre trabajador, se dedica a la venta de madera desde hace 6 años; actividad que la aprendió de su familia que también se dedican a esto. Uno de los más grandes obstáculos que tiene es no tener un medio suficiente para sacar la madera a la venta y por esta razón José desea invertir en la compra de mulares para su negocio es decir comprar animales de carga. Esto le permitirá a José ahorrar en lo que paga por fletes y alquiler de transporte, con ello tendrá mayores ingresos y será dueño de su propio transporte.

En su tiempo libre se dedica a estar con su familia, su sueño es poder arreglar su finca para dedicarse a la agricultura y crianza de animales. Para ello necesita dinero y esperamos que con esta inversión esté a un paso más cerca de tener la finca de sus sueños y mejorar su calidad de vida

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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped José Guillermo to purchase load-bearing animals for transporting timber.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
May 4, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013