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Rosa Carmen
Rosa was born in 1989 and currently lives with her two children in the city of Latacunga, in Cotopaxi Province. Latacunga is located in the center of Ecuador on the flanks of Cotopaxi, the highest active volcano in the world, which has already destroyed the city three times since it was founded. In the city, one can observe colonial-era architecture; its inhabitants are known for celebrating several festivals based on the beliefs of various cultures, such as the "Mama Negra" [Black Mother], which is a celebration originating in African, indigenous, and Spanish traditions.

Rosa has worked six hours a day in her milk-selling business for twelve years. Despite the effort she puts into being both father and mother to her two children, it is hard for her to make enough money. She has faith that her business will be able to grow and provide a better quality of life for her two children.

She is requesting a loan from Kiva to buy another cow for her business so she can be more efficient and increase her income. In that way, she will be able to create a better future for her family.
View original language description ↓
Rosa nació en el año 1989 y actualmente reside con sus dos hijos en la ciudad de Latacunga, en la Provincia de Cotopaxi . Latacunga está ubicada en el centro del Ecuador en las faldas del volcán activo más alto del mundo, el Cotopaxi, que ya ha destruido a la ciudad tres veces desde su fundación. En la ciudad se puede apreciar la arquitectura de la época colonial y sus habitantes se caracterizan por celebrar varias fiestas que contienen creencias de varias culturas como la “Mama Negra” que es una celebración originada con tradiciones africanas, indígenas y españolas.
Rosa se dedica 6 horas al día desde hace doce años a su negocio que consiste en la venta de leche. A pesar del esfuerzo que ha puesto para ser padre y madre de sus dos hijos, se le es difícil conseguir los ingresos necesarios. Por lo tanto, ella tiene fe en que su negocio pueda crecer para darles una mejor calidad de vida a sus dos hijos. Ella solicita un préstamo a Kiva para poder comprar otra vaca para su negocio, poder ser más eficiente, e incrementar sus ingresos. De esta forma, podrá crear un mejor futuro para su familia.

Additional Information

More information about this loan



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
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Rosa Carmen to purchase another cow.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013