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Franklin Rolando
At his age of 21, Franklin has already had a business for 7 years. He now lives in the city of Latacunga. Latacungs is the capital of the province of Cotopaxi, which is in the Central Sierra of Ecuador. Latacunga has a mild climate and an average temperature of 12°C (39°F). Latacunga is located on the skirts of the highest active volcano in the world, Cotopaxi, and has been destroyed to its foundations three times by its eruptions. Latacunga is known for its colonial architecture and its beautiful scenery of the cordillera of the Andes.

Franklin is a young entrepreneur who sells paintings and is also a painter. At this time, he is single and has no children, and so he puts much of his energy into his business. Franklin works 8 hours a day. He is applying to Kiva through Fundación Alternativa for a loan to improve his workshop and buy more paint in order to offer better service to his customers and have a greater variety of products. Thus he will be able to have a better quality of life, help his family, and perhaps begin his own (family) in the future.
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A sus 21 años, Franklin tiene ya un negocio de 7 años. Actualmente reside en la ciudad de Latacunga. Latacunga es capital del la provincia del Cotopaxi que está en la Sierra Central del Ecuador. Latacunga cuenta con un clima templado y una temperatura promedio de 12°C. Latacunga está ubicada en las faldas del volcán activo más alto del mundo, el Cotopaxi, y ha sido destruida 3 veces por las erupciones del mismo de la fundación de la ciudad. Latacunga es conocida por su arquitectura colonial y su bello paisaje de la cordillera de los andes.

Franklin es un joven emprendedor que se dedica a vender pintura y es también pintor. Por el momento, es soltero y no tiene hijos por lo tanto pone muchas de sus energías en su negocio. Frankiln trabaja 8 horas al día. Él solicita un préstamo a Kiva por medio de Fundación Alternativa para poder mejorar su taller y comprar más pintura para ofrecer un mejor servicio a sus clientes y más variedad de productos. Así el podrá tener una mejor calidad de vida, ayudar a su familia, y quizá empezar la suya propia en un futuro.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Franklin Rolando to improve his workshop and buy more paint.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013