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Maritza Elizabeth
Maritza Elizabeth was born in the city of Quito in 1968. She lives with her husband, Luis, and their daughter in the barrio of Chillogallo. Quito is the capital of Ecuador and also the second largest city. It is located on the slopes of the Andes mountain range and is 2,800 meters (9,180 feet) above sea level. Along with being the political capital, Quito is the country's cultural and financial center. The city is divided into three main sections: the historic center, where one can easily see how it was like during the colonial period; the north, traditionally home to the upper class; and the south, known as "the poor side" of the city. Elizabeth established her business five years ago in one of the city's wholesale markets, where she dedicates four hours every day to selling different fruits from Quito and the surrounding areas. After her work day ends, Elizabeth cares for her daughter. Of course, her daughter has grown up and doesn't need as much care as before, which is why Elizabeth wants to start working more every day. She is requesting the loan from Kiva to be able to purchase larger quantities of fruit and thus reduce the unit price. Furthermore, Elizabeth believes that working more hours and selling larger quantities is going to help her increase income, which would allow her to fulfill her dream of buying her own home for herself and her family.
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Elizabeth nació en la ciudad de Quito en 1968, ella vive con su esposo Luis y su hija en el barrio de Chillogallo. Quito es la capital del Ecuador y también la segunda ciudad más grande. Esta ciudad está ubicada en las faldas de la cordillera montañosa de los andes a unos 2800 metros de altura sobre el nivel del mar. Quito aparte de ser la capital política del país es además la capital cultural y financiera. La ciudad se encuentra dividida en tres secciones principales, el centro histórico, donde uno puede ver de manera muy clara como era Quito en la época colonial, el Norte; donde tradicionalmente se sitúan las clases socioeconómicas altas, y el Sur; conocido como “el lado pobre” de la ciudad.
Elizabeth establecío su negocio hace 5 años en uno de los mercados mayoristas de la ciudad, ella ahí dedica 4 horas diarias a vender diferentes frutas que se pueden obtener de Quito y sus alrededores. Al terminar su día de trabajo, Elizabeth cuida a su hija, sin embargo, su hija ya ha crecido y no necesita tanto cuidado como antes, por lo que Elizabeth desea empezar a trabajar más horas diarias. Ella solicita el préstamo a Kiva para poder comprar fruta en mayor volumen y así reducir sus precios unitarios. Además Elizabeth también cree que invertir más horas de trabajo diarias y vender más cantidad le va a ayudar a recibir más ingresos lo cual le permitiría cumplir su sueño de comprar una casa propia para ella y 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
  • 75
    View loans »
    Ecuador Loans Fundraising
  • $23,920,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Maritza Elizabeth to purchase fruit to sell.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 15, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 19, 2013