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Mercy Silvana
Mercy was born in 1975. She currently lives with her husband and son in the sector of Villaflora, which is south of the Ecuadorian capital of Quito. The city of Quito is situated in the Andean mountain range at 2,800 meters above sea level, making it the third highest world capital. In 1978, Quito was named the first World Heritage Site by UNESCO for its landscape that combines nature and infrastructure in a unique way that it becomes classified in a category of its own. Quito is divided into three parts: the Historical Center where colonial Quito is preserved; the North where the higher socioeconomic classes traditionally live; and the South which is known as the "poor side" of the city.


Mercy sells groceries and provisions in bulk. Among the main products she offers are rice, sugar, oil, unrefined cane sugar, and brandy. She works seven to eight hours each day. Her husband works different hours of the day as a driver, but his income is not sufficient. For this reason, Mercy's business is important to her husband and their 16-year-old son. In order for her family to have a more decent life, she is requesting a Kiva loan. The extra money will be used to buy and transport brandy and unrefined cane sugar so that she can increase the sales of her business. With more income, Mercy dreams of improving her quality of life and building a house of her own.

View original language description ↓
Mercy nació 1975. En la actualidad vive con su esposo e hijo en el sector de la Villaflora en el sur de Quito, la capital del Ecuador. La ciudad de Quito está situada en la cordillera de los Andes a 2.800 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.
Mercy se dedica a la venta de abarrotes y víveres al por mayor entre los cuales los principales productos son: arroz, azúcar, aceite, panela, aguardiente; trabajando de 7 a 8 horas al día. Su esposo trabaja varias horas al día de chofer, pero el ingreso no es suficiente, por lo tanto el negocio de Mercy es importante para la pareja y su hijo de 16 años. Para que su familia tenga una vida más digna, ella solicita un préstamo a Kiva. Con el dinero extra ella podrá tener ayuda para comprar y transportar el aguardiente y la panela (endulzante a base de caña pero sin refinar) e incrementar las ventas del negocio. Con más ingresos, Mercy sueña con mejorar su calidad de vida y construirse su casa propia.

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
  • 31
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mercy Silvana to buy unrefined cane sugar and brandy in bulk and to pay for transportation costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 20, 2013