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Reinaldo Eliecer
Reinaldo lives in the city of Latacunga, the capital of the province of Cotopaxi. Latacunga is located in the central highland of Ecuador at the foot of the most active volcano in the world, Cotopaxi, the same one that has destroyed the city three times in its history. Latacunga has a temperate climate and an average temperature of 12°C. The city is known for its beautiful countryside that consists of a mixture of colonial architecture and a beautiful view of part of the Andes mountain range. The city is also known for being a great representative of Ecuadorian folklore in various traditions and festivities such as "La Mama Negra" (The Black Mother) which depends on a mixture of Spanish, Indigenous, and African culture.

Reinaldo is 52 years old and lives with his spouse of 47 and his minor son. Reinaldo never finished high school, but nonetheless decided to push through by creating his own business that is now two years old. Reinaldo works as a taxi driver. He works 12 hours per day in order to provide for his family by means of the income he makes with his service. Unfortunately, the car that he uses is not in the best of conditions. As a result, Reinaldo is asking for a loan from Kiva by way of "fundación alternativa" in order to be able to fix and maintain his vehicle. This way, he will be able to have a secure income and be able to increase them. So, he will be able to bring a better quality of life to his family and a better future to his son.
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Reinaldo vive en la ciudad de Latacunga, capital de la provincia del Cotopaxi. Latacunga está ubicada en la Sierra central del Ecuador en las faldas del volcán activo más alto del mundo, el Cotopaxi. El mismo que ha destruida a la ciudad tres veces en su historia. Latacunga tiene un clima templado y una temperatura promedio de 12°C. La ciudad se caracteriza por su hermoso paisaje que consta de una mescla de arquitectura colonial y una vista privilegiada de parte de la Cordillera de los Andes. La ciudad es también reconocida por ser gran representante del folklor ecuatoriana en varias tradiciones y festividades tales como “La Mama Negra” que cuenta con una mescla de cultura española, indígena, y afro ecuatoriana.

Reinaldo tiene 52 años y vive con su esposa de 47 y un hijo menor de edad. Reinaldo nunca continuó sus estudios secundarios, pero de todas formas decidió salir adelante sacando adelante un negocio que ya tiene 2 años. Reinaldo se dedica al servicio de taxi. El trabaja 12 horas diarias para sacar adelante a su familia por medio de los ingresos que proporciona su servicio. Lastimosamente, el carro que usa no está en las mejores condiciones. Por lo tanto, Reinaldo solicita un préstamos a Kiva por medio de fundación alternativa para poder arreglar y dar mantenimiento al su vehículo. De esta manera, el podrá tener ingresos seguros e incluso incrementarlos. Así, el podrá brindar una mejor calidad de vida a su familia y un mejor futuro a su hijo.

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

  • $10,600
    Average annual income
  • 90
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,075 helped Reinaldo Eliecer to be able to fix and maintain his vehicle.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 24, 2012