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Juan Carlos
Juan Carlos is a 31 year old man and currently unmarried. He lives in the Belisario Quevedo parish in Latacunga, a small city in Ecuador that during the last era experienced significant growth in its two most important industries: agriculture and floriculture. However, this has resulted in an important growth of all the city’s industries and the majority of its population are indigenous and mestizo people who are beginning to find alternatives for economic and personal growth in this new context. In addition, Latacunga has the peculiar distinction of being located dangerously near the Cotopaxi volcano, the largest active stratovolcano in the world.

Juan Carlos emerges within this context, a difficult situation in itself, compounded by the fact that finding a source of credit has been practically impossible. Juan Carlos only completed an elementary school education. He already has a small business that he established more than six years ago. Juan Carlos decided to carry on the family business and employ all of the skills taught to him by his uncles, who raised him to dedicate himself to the business of raw milk production and pig sales. Although the beginning was a bit slow and difficult, now Juan Carlos is a bit better established and his business has achieved some stability. However, Juan Carlos feels that he has reached a point where he would be able to grow and is looking to supply more people with his products and thus improve his income and acquire a better quality of life for him and his uncles who have always supported him. For this reason, Juan Carlos needs your help. He is looking for a loan to purchase another cow, which will help him raise milk production and increase his income, and allow him to improve his quality of life.
View original language description ↓
Juan Carlos es un hombre de 31 años que vive en la parroquia de Belisario Quevedo en Latacunga. La ciudad de Latacunga es una ciudad pequeña de Ecuador, que durante la última época ha experimentado bastante crecimiento en sus dos industrias más importantes; la agricultura y la floricultura. Esto sin embargo ha resultado en un importante crecimiento de todas las industrias de la ciudad y su población en su gran mayoría indígena y mestiza quienes en este nuevo contexto empiezan a encontrar alternativas para crecer económica y personalmente. Latacunga además cuenta con la peculiaridad de encontrarse peligrosamente cerca al volcán Cotopaxi, el estratovolcán activo más grande del mundo.
Dentro de este contexto surge Juan Carlos, el actualmente es soltero, y además de encontrarse en una situación difícil de por si, donde conseguir crédito para su desarrollo ha resultado prácticamente imposible, Juan Carlos solo ha completado la primaria en sus estudios. El actualmente ya tiene un pequeño negocio que estableció hace poco más de 6 años. Juan Carlos decidió continuar con la tradición familiar y emplear todas las habilidades que le enseñaron sus tíos, personas con las que se crió para dedicarse a la producción de leche cruda de vaca y la venta de cerdos. Aunque el comienzo fue un poco difícil y lento, ahora Juan Carlos se encuentra un poco mejor establecido y su negocio ha alcanzado cierta estabilidad. No obstante, Juan Carlos considera que ya ha llegado a un punto donde podría crecer y buscar abastecer a más personas para así mejorar sus ingresos económicos y adquirir una mejor calidad de vida para él y sus tíos quienes siempre lo han apoyado. Para esta razón Juan Carlos necesita su ayuda, el está en búsqueda de un crédito para poder comprar otra vaca, quien le ayude a elevar su producción de leche y con ello tener mejores ingresos que le permitan 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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,292,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Juan Carlos to purchase a cow.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 16, 2012
Listed
Jun 8, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012