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Carmen
Carmen was born in 1965, in Santo Domingo, Ecuador. Santo Domingo is a city that has gone through rapid growth in the last few years due to its strategic location for tourism and the country's trade. Located where the coast and the sierra meet, Santo Domingo is also characterized as being a multicultural center where people of different ethnicities from inside and even outside the country meet and share their cultures and traditions. Santo Domingo has a warm tropical cliimate suitable for agriculture, cattle ranching and poultry raising.

Carmen is asking for a loan for the first time. She needs it to buy more chickens and to fix the barn where she keeps them. She works an average of 10 hours a day and receives help from her husband and children when they have some free time. For Carmen it has been very difficult to start up her own business. She only has a primary school education and that is why many opportunities have been closed to her. If Carmen receives this loan, it will help her to make more income and bring her closer to her dream of having her own poultry farm.
View original language description ↓
Carmen nació en 1965 en Santo Domingo, Ecuador. Santo Domingo es una ciudad que ha pasado por un crecimiento acelerado en los últimos años debido a su ubicación estratégica para el turismo y el comercio del país. Al ubicarse en la unión entre la costa y la sierra Santo Domingo también se caracteriza por ser un centro multicultural donde personas de diferentes etnias del país e inclusive fuera de el, se reúnen y comparten sus culturas y tradiciones. Santo Domingo cuenta con un clima cálido tropical que se presta para la agricultura la ganadería y la avicultura.

Carmen está solicitando un crédito por primera vez, ella lo necesita para comprar más pollos y arreglar la granja donde los mantiene. Ella trabaja un promedio de 10 horas al día y recibe ayuda de su esposo y 4 hijos cuando estos cuentan con algo de tiempo extra. Para Carmen ha resultado muy difícil surgir con su propio negocio, a nivel de educación solo cuenta con primaria y por esa razón se le han cerrado muchas oportunidades. Si Carmen recibe este préstamo, le ayudaría a mejorar su negocio, le permitiría recaudar más ingresos y la acercaría más a su sueño de tener su propia granja avícola.

Additional Information

More information about this loan



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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,094,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Carmen to buy more chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Aug 12, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013