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Victor Hugo
Hugo lives with his wife and son in Santo Domingo. Both Hugo and his wife, Nancy, are 19-years-old and work manufacturing brooms, an occupation they learned from their parents.

Santo Domingo is a large, important city in Ecuador due to its geographic position. Being located between the Ecuadorean coast and mountains, it’s a main center of commerce and tourism, two of the main factors that have thrust its development. However, Santo Domingo’s main industry is neither commerce nor tourism but rather agriculture. In addition to this, Santo Domingo is widely known as a cultural center where various ethnic groups from all over Ecuador and even from outside have come together and blended.

From this beautiful city Hugo and Nancy arise. Hugo works on average 8 hours daily and considers the most complicated part of his work to be the trips he must constantly take throughout the country to acquire his supplies and to sell his brooms. Hugo’s dream is to build his own house for him and his family and considers that his business has arrived at the point where he can invest more in order to earn higher income. To reach his dream, Hugo depends to a large extent on this first Kiva loan.
View original language description ↓
Hugo vive con su mujer e hijo en Santo Domingo. Tanto Hugo como su esposa Nancy tienen 19 años, y se dedican al negocio de engrampado de escobas, oficio que aprendieron de sus padres. Santo Domingo es una ciudad grande e importante en Ecuador debido a su ubicación geográfica. Al situarse entre la costa y sierra ecuatoriana, Santo Domingo hace de centro principal de comercio y turismo, dos de los factores principales que han impulsado su desarrollo. Sin embargo la principal industria de Santo Domingo no es ni el turismo ni el comercio si no la agricultura. Aparte de esto Santo Domingo también es ampliamente conocido como un centro cultural donde se han integrado mezclado y compartido una variedad de etnias diferentes provenientes de todo el Ecuador e incluso de afuera.
De esta linda ciudad surgen Hugo y Nancy. Hugo trabaja un promedio de 8 horas diarias y considera que la parte más complicada de su trabajo son los viajes que debe realizar constantemente dentro de todo el país para adquirir sus materiales y vender sus escobas. El sueño de Hugo es construir su propia casa para él y su familia, y considera que ha llegado a un punto en su negocio en el que puede invertir más para obtener mejores ingresos. Para alcanzar su sueño Hugo depende en gran medida de este primer crédito con kiva.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Victor Hugo to buy raw materials to make brooms.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 20, 2013