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Jose Manuel
José Manuel was born in 1985 and currently lives in the city of Latacunga, in the province of Cotopaxi. Latacunga is located in central Ecuador, at the foot of the highest active volcano in the world, the Cotopaxi, which has destroyed the city three times since it was founded. The city displays colonial arquitecture, and its residents are known for celebrating several festivities which comprise multicultural beliefs, such as the “Mama Negra,” which originated from African, indigenous, and Spanish traditions.
José Manuel has been working in his business for six years, four hours a day and weekends. He is a locksmith and also works with metal, building door and window frames, as well as structures to protect doors and windows.
He is requesting a loan from Kiva in order to purchase more raw materials so that he can finish contracts faster, generate a better income, and move forward with his business and also personally. This way, José will be prepared to make his dreams come true, such as starting a family and owning a home.
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José Manuel nació en el año 1985 y actualmente reside 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.
José Manuel se dedica 4 horas al día y los fines de semana desde hace 6 años a su negocio de cerrajería y trabajos en metal como marcos de puertas y ventanas así como estructuras para proteger las mismas. Él solicita un préstamo a Kiva para poder comprar más materia prima y así poder cumplir más rápido con sus contratos y de esta manera generar mejores ingresos, y progresar en su negocio y como persona. José De esta manera, estará preparado para cumplir sueños tales como formar una familia o tener 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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Jose Manuel to purchase raw materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013