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Alex
Alex was born in Santo Domingo de los Tsachilas, an Ecuadorian city that is located between the Ecuadorian highlands and coast. The city is a link for several Ecuadorian cities as Santo Domingo plays an important role for Ecuadorian commerce. The city makes up the majority of the livestock market for the country. Santo Domingo has a humid climate with an average temperature between 18°C and 28°C. The city is home to the Tsachilas, an ethnic group that mantains traditions including in their dress, language and customs since before colonial times.

At 33 years of age, Alex has a business managing livestock. He has some cows and uses this resources for general earnings. He is married and has two small children that currently attend primary school. Despite the fact that Alex works more than 6 hours every day of the week to move his resources forward and increase his earnings, he does not have enough cows to generate greater earnings. As such, through Fundacion Alternativa, he is requesting a loan from Kiva to be able to buy another cow to increase his product and in turn, also increase his earnings. In this way he will be able to give his children a more dignified life and fulfill his dream of being the owner of his own home.
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Alex nació en Santo Domingo de los Tsachilas, una ciudad ecuatoriana localizada entre la Sierra y Costa ecuatoriana. La ciudad es el enlace de varias ciudades ecuatorianas, por lo tanto Santo Domingo juega un papel importante en el comercio ecuatoriano. La ciudad abarca la mayoría del mercado ganadero del país. Santo Domingo cuenta con un clima húmedo templado con una temperatura promedio de 18°C a 28°C. La ciudad es el hogar de los Tsáchilas, un grupo étnico que mantiene tradiciones tales como vestuario, idioma y costumbres desde antes de la época colonial.
A sus 33 años de edad, Alex tiene un negocio de manejo de ganado. Tiene algunas vacas y utiliza estos recursos para general ganancias. Él está casado y tiene dos hijos pequeños que actualmente asisten a la escuela. A pesar de que Alex trabaja más de 6 horas todos los días de la semana para sacar adelante sus recursos y poder incrementar sus ingresos, no tiene suficientes vacas para generar más ganancias. Por lo tanto, por medio de Fundación Alternativa, solicita un crédito a Kiva para poder comprarse una vaca más para incrementar su producción y como resultado también sus ingresos. De esta manera les podrá dar una vida más digna a sus hijos y cumplir su sueño de ser dueño de una vivienda propia.

Additional Information

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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

  • $10,200
    Average annual income
  • 63
    View loans »
    Ecuador Loans Fundraising
  • $23,498,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Alex in order to buy another cow to increase his production.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013