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Luis Tovias
Luis, 50 years old, is married to María who is 46 years old. Despite having 4 children only one lives with them, the other 3 are adults and independent. He lives in San Miguel de los Bancos which is a rural canton in the province of Pichincha, where the capital of Ecuador can be found. One of the main resources of los Bancos is the water which originates in its territory including a large number of brooks and little springs that lead to rivers of considerable size. This canton has a a large, buoyant commercial movement in the main street, where the hotels, restaurants and stores can be found, especially agricultural and veterinary services and stores for the daily needs of the residents.

While his wife takes care of the house, Luis works raising chickens in order to sell them later and this is how he supports the household. He works approximately 12 hours a day and what he considers the most difficult part of his work is transporting the chickens when they are going to be sold. Luis wants to invest in the purchase of baby chickens, he wants to make a good investment to increase his income and thus improve his lifestyle. The expansion of this business is a step towards fulfilling his longing to improve conditions for his family.
View original language description ↓
Luis es un hombre de 50 años casado con María de 46 años. A pesar de tener 4 hijos únicamente viven con uno de ellos ya que los otros tres ya son mayores de edad e independientes. Reside en "San Miguel de Los Bancos" que es 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.

Mientras su esposa es ama de casa, Luis trabaja criando pollos para luego venderlos y de esta manera sustenta su hogar. Trabaja aproximadamente 12 horas al día y considera que lo más difícil de su trabajo es transportar los pollos cuando estos ya van a ser vendidos. Luis desea invertir en la compra de pollos bebé, quiere hacer una buena inversión que incremente sus ingresos y así mejorar su estilo de vida. La ampliación de este negocio es un paso más para cumplir sus anhelos de tener a su familia en mejores condiciones.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,467,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Luis Tovias to buy chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013