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Luis Guillermo
Luis lives in a small city in the north of Ecuador known as Atuntaqui. Though it is a city of only 21,000 inhabitants, it is known for its textile industries, the clothing and their fashion. There is an industrial and crafts market each Friday and Saturday where people from all around the country come to the area to buy clothing of every kind and price point. The city is famous for its "cuyes," a typical dish of the country prepared from the small animals known as "Indian Rabbits" or guinea pigs. The average temperature is 18°C. The locale also attracts tourists who want to see the monuments made by the ancient tribe of the Atuntaquis.

Luis is 18 years old and is already an entrepreneur. Thanks to the teachings of his father and his passion for animals, about a year ago, Luis began raising hogs. His dream is to be able to be his own boss. To reach his goals, he works morning, noon, and night. Even so, his income is not enough to make his business more efficient, for which reason, he his asking for a loan via Fundación Alternativa from Kiva to enable him to buy better feed for his animals. This will help his hogs to grow up healthier and will allow him to make a better profit. Thus, he will have a more stable business, allowing him to put the right foot forward in starting his adult life.
View original language description ↓
Luis vive en una pequeña ciudad al norte de Ecuador conocida como Atuntaqui. A pesar de ser una ciudad de tan solo 21,000 habitantes, es conocida por la industrial textil, la ropa, y la moda. Hay una feria industrial y artesanal los viernes y sábados donde gente de todo el país visita el lugar para comprar ropa de todo tipo de calidad y precios. La ciudad es famosa por los cuyes, un plato típico del país preparado a base de animalitos conocidos como “conejillos de indias”. La temperatura promedio es de 18°C. El lugar también atrae turistas para observar monumentos hechos por la antigua tribu de los Atuntaquis.
Luis tiene 18 años de edad y ya es un emprendedor. Gracias a las enseñanzas de su padre y su pasión por los animales, hace un año Luis creó un criadero de cerdos. El sueño con poder generar su propio empleo. Para cumplir su meta él trabaja los mañanas, el medio día y las noches. Sin embargo, los ingresos no son suficientes para hacer su negocio más eficiente, por lo tanto, por medio de Fundación Alternativa, el pide un préstamo a Kiva para poder comprar mejor alimento para sus animales. De esta manera los cerdos crecerán más sanos y le permitirán producir más generando más ganancias. Así, el tendrá un negocio más estable que le va a permitir empezar con el pie derecho su vida de adulto.

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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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Luis Guillermo to be able to buy better feed for his animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013