Check out some available loans that are similar to this one!
Laura Ligia
Laura is both mother and father to her son, Mateo. They live in the Nanegalito Parish, located in the capital city of Ecuador, Quito. Quito is in the Andes Mountains, at 2,800 meters above sea leve, making it the third highest capital in the world. In 1978, Quito was desginated as a UNESCO World Heritage Site because of how it combines nature and infrastructure in a unique way in its category. Quito is divided into three parts: the Historical Center which is Colonial Quito, the North, where the upper classes live and the South, known as "the poor side" of the city.

Laura raises and sells animals, and takes care of her five-year-old son. She began her business three years ago and, although she spends eight hours a day working hard to get ahead, she does not have enough income to give her son, Mateo, a decent lifestyle. Laura is determined to provide for her son and she is confident that if she invests in her business, she will be able to do it. Therefore she has requested a loan through Kiva to increase the number of animals she raises and improve sales. This will allow her to earn more for the family in her struggle to provide a better future for her son.
View original language description ↓
Laura es madre y padre para su hijo Mateo. Los dos residen en la parroquia de Nanegalito, ubicada en la capital del Ecuador, Quito. La ciudad de Quito está situada en la cordillera de los Andes a 2800 metros sobre el nivel del mar, haciéndola la 3era capital más alta del mundo. En 1978, Quito fue nombrado Primer Patrimonio Cultural de la Humanidad por la UNESCO por un paisaje que combina naturaleza e infraestructura de una manera única en su categoría. Quito se divide en tres partes: el Centro Histórico; donde se preserva el Quito colonial, el Norte; donde tradicionalmente se sitúan las clases socioeconómicas altas, y el Sur; conocido como “el lado pobre” de la ciudad.
Laura se dedica a la crianza de animales y su comercialización y a cuidar a su hijo de 5 años. Comenzó su negocio hace 3 años y, a pesar de trabajar 8 horas diarias para sacarlo adelante, no tiene los ingresos necesarios para dar una vida más digna a su hijo Mateo. Laura tiene todo el deseo de salir adelante por su hijo, y tiene fe en que si invierte en su negocio lo puede lograr. Por lo tanto, ella solicita un préstamo a Kiva para poder incrementar el número de animales y poder mejorar la distribución de los mismos. De esta manera ella puede tener más ingresos para su familia y luchar por el futuro de su hijo.

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
  • 24
    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 $1,650 helped Laura Ligia to buy more chicks.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014