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Neris Maritza
Neris lives with her 4 children in the city of Santo Domingo, a relatively large city in Ecuador - the third largest in terms of population. The city and its inhabitants have benefited from its rapid economic growth during the last 2 decades. The main economic accelerators have been tourism, commerce and agriculture. However, unfortunately economic growth has not benefited all as there is a significant section of the population which has remained on the margins of this growth; furthermore, it has also brought an increase in certain illegal activities such as crime and drug trafficking. Santo Domingo has a tropical, humid climate and is located at around 200m above sea-level.
Neris started her sales business, pedaling her wares as she walked, in this important city. It was difficult for her to set up her business and to obtain the necessary resources as she has completed only her high school studies and, consequently, her opportunities were considerably reduced. However, after great effort and dedication shown on her part, Neris has now been running her business for 3 years. She hopes to open a shop one day and, as such, she needs to sell her goods in greater quantities in order to be able to buy her products at a lower price. If she can achieve this, Neris will be able to improve her earnings, allowing her to raise her own and her family's standard of living.
View original language description ↓
Neris es una mujer que vive en la ciudad de Santo Domingo con sus 4 hijos. Santo Domingo es una ciudad relativamente grande en Ecuador, la tercera en tamaño basándonos en números poblacionales. La ciudad y su gente se han visto beneficiados por su rápido crecimiento en las últimas dos décadas, los principales propulsores económicos han sido el turismo el comercio y la agricultura. Sin embargo, desafortunadamente el crecimiento económico no ha sido beneficioso para todos puesto que ha habido un importante segmento de la población que ha quedado al margen de este, además, ha resultado también en el crecimiento de ciertas actividades ilícitas como el crimen y el narcotráfico. Santo Domingo cuenta con un clima tropical húmedo y se encuentra alrededor de los 200 metros sobre el nivel del mar.
Neris estableció su negocio de ventas ambulantes en esta importante ciudad. A ella le costó mucho iniciar su negocio y conseguir los recursos necesarios, ya que solamente completo la secundaria, y sus oportunidades eran bastante reducidas. No obstante con mucho esfuerzo y dedicación Neris lleva poco más de tres años con su negocio, y le ha ido bien, cuenta ya con algunos clientes recurrentes. Ahora Neris considera que es el momento de expandir un poco su capacidad, ella sueña con abrir un bazar algún día, y para esto necesita empezar a vender en cantidades mayores para así conseguir sus productos a un costo más bajo y vender mayor volumen. Si logra esto, Neris podrá mejorar sus ingresos económicos lo cual le permitiría subir su nivel de vida y la de su familia.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Neris Maritza to buy stock for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 12, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2013