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Angel Jacinto
Ángel was born in Chone. Currently he lives with his wife and two children in Santo Domingo. Ángel is 33 years old. He began his farming business about 3 years ago. Santo Domingo is a city with plenty of opportunities to start businesses and for economic growth as it is located in central Ecuador and serves as a bridge between the coast and mountain ranges and has been full of commerce and tourism in recent years.

Ángel works from 8 to 10 hours a day in order for his business to succeed and in order to provide a better future and quality of life for the children. So, Ángel is asking for a loan for the first time and upon getting it he wants to invest it in the purchase of a chapeadora (lawnmower). With this machine Ángel could work more rapidly permitting him to finish his contracts faster and accept more proposals. Ángel believes that with this machine he could increase his earnings thereby permitting him to improve the quality of life for himself, his wife, and the two children.
View original language description ↓
Ángel nacido en Chone actualmente vive con su esposa y dos hijos en Santo Domingo. Ángel tiene 33 años y inicio su negocio agrícola hace más o menos 3 años. Santo Domingo es una ciudad con bastantes oportunidades para montar negocios y crecer económicamente ya que por su ubicación central en el Ecuador actúa como puente entre la costa y la sierra lo que le ha llenado de comercio y turismo en los últimos años.
Ángel trabaja de 8 a 10 horas al día para que su negocio salga adelante y para poder brindarles un mejor futuro y calidad de vida a sus hijos. Por lo tanto, Ángel solicita un préstamo por primera vez y si lo consigue pretende invertirlo en la compra de una máquina chapeadora (cortadora de césped). Con esta máquina Ángel podría trabajar a un ritmo más rápido lo que le permitiría terminar sus contratos más rápido y aceptar mas propuestas. Ángel considera que con esta máquina él podría aumentar sus ingresos lo que le permitiría mejorar la calidad de vida de él su esposa y sus dos hijos.

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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
  • 46
    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 $1,075 helped Angel Jacinto to buy a chapeadora (lawnmower).
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:
Aug 17, 2013