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Carlos Alberto
Carlos, 18, is a young man who was born and has lived his entire life in the countryside. He’s married to María Mercedes with whom he has a son. They live in Tixan Parish that belongs to Alausí Canton located in the center of Ecuador. Its topography is irregular; it has subtropical valleys, moors and deep chasms through which small but torrential rivers flow. Each of its nine cantons is characterized by cultural traits, festivals and folklore. Alausí has a population descended from indigenous people, mostly from Mitimáes Coyas from the shores of Lake Titicaca.

This young man has attended and completed secondary education but has also worked in the fields with his family at the same time. His family has fields up the mountain that are used primarily to grow wheat and lentils. At present, to support his small family he wants to invest in his own crops which is why he’s requested a loan to be able to buy seeds and fertilizer so that his harvest will serve to buy what his wife and son need to live. He currently works 8 hours per day alongside his family.

Despite this being his first credit transaction, he’s considered to be a client at low-risk for default by his credit assessor. He’s optimistic because he considers himself to be “a person with the will to work” and he strongly believes that with this loan his quality of life will improve.
View original language description ↓
Carlos es un hombre joven de 18 años quien nación y vivió toda su vida en el campo, es casado con María Mercedes con quien tiene un hijo y viven en la parroquia de "Tixan" que pertenece al cantón "Alausí" el cual se ubica en el centro del Ecuador. Su geografía es irregular; tiene valles subtropicales, páramos, depresiones inmensas por las que descienden pequeños pero torrentosos ríos. Cada una de sus nueve parroquias se caracteriza por sus rasgos culturales, sus fiestas y folcklor. Alausí tiene una población indígena descendiente, en su mayoría, de mitimáes Coyas de las riveras del Titicaca.

Este joven emprendedor ha cursado y completado su educación secundaria, pero al mismo tiempo ha trabajado con su familia en el campo. En la montaña su familia tiene extensiones de terreno las cuales son usadas principalmente en la siembra de trigo y lenteja. Actualmente para sustentar a su pequeña familia desea invertir en su propia siembra y para ello solicitó un crédito, el cual le permita comprar semilla y fertilizantes para de esta manera la cosecha sirva para comprar lo que su esposa e hijo necesitan para vivir. Actualmente trabaja 8 horas al día junto a su familia.

A pesar de ser su primera operación de crédito es considerado un cliente con bajo riesgo de incurrir en morosidad según su asesor crediticio. El es optimista ya que se considera "una persona con ganas de trabajar" y cree firmemente que con este crédito el mejorará 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

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Carlos Alberto to buy fertilizer and seeds.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 20, 2013