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Nila Margarita
Santo Domingo is an Ecuadoran city, and the capital of the province of Santo Domingo de los Tsáchilas, and it is the fourth most populated city in Ecuador. Lately, Santo Domingo has seen great development in terms of the demographics, technology, and commercially, as well as improving its highway infrastructure and the urban roads, since this is the route that connects the mountains to the coast.

This is a rainy and subtropical climate region, and the principal attraction of this region is the natural beauty, since is possesses a great amount of biodiversity, and currently thanks to the quantity of different types of forests, it is considered by many climate scientists to be to be a labratory for the investigation of the world's genetic diversity.

Just as the city has grown, many entrepreneurs have grown businesses, such as is the case with Nila. She is an ambitious woman of 22 years who gives her best to every day so that she can get ahead and improve not only her own life, but also that of her two children. This is the first time that she has come to Fundación Alternativa, and intermediary institution between Kiva and each individual entrepreneur who asks for economic help. She wants to supplement her raw materials and continues working. She began her business of repairs and creation of new shoes about four years ago, and she hopes that her business will grow the same as the city is growing, and that every day she will continue to expand her horizons.

She dreams of having a larger workshop and augmenting her production and her popularity. She knows that her strength and the responsibility that she shows every day is what will help her to expand and grow her business.
View original language description ↓
Santo Domingo es una ciudad ecuatoriana, capital de la Provincia de Santo Domingo de los Tsáchilas, es la cuarta ciudad más poblada del Ecuador, en los últimos tiempos, Santo Domingo se ha desarrollado demográfica, tecnológica y comercialmente además de mejorar su infraestructura vial y urbana ya que es la vía que conecta la sierra y la costa.
Es una zona climática lluviosa subtropical, el principal atractivo del cantón es la naturaleza, ya que posee una muy alta biodiversidad, en la actualidad y gracias a la cantidad de bosques de distintos tipos, es considerada por científicos ambientales como laboratorio para la investigación genética mundial.
Así como la ciudad crece, crecen muchos emprendedores, es el caso de Nila. Ella es una mujer luchadora de 22 años que da lo mejor de sí cada día por salir adelante y mejorar no sólo su vida, sino también la de sus dos hijos. Es la primera vez que acude a Fundación Alternativa, institución mediadora entre Kiva y cada emprendedor para solicitar ayuda económica, espera aumentar su materia prima y seguir trabajando. Inició su negocio de reparación y realización de calzador hace cuatro años y espera que su negocio crezca al igual que la ciudad, que cada día sigue expandiendo sus fronteras. Ella sueña con tener un taller más grande y aumentar su producción y popularidad. Ella sabe que el esfuerzo y responsabilidad que demuestra cada día es lo que va a hacer que ella crezca y expanda su negocio.

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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,133,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Nila Margarita to buy raw materials like leather and insoles.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 20, 2013