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Oscar Moises
Oscar lives with Olga and their child in San Miguel de los Bancos canton in Pichincha province. San Miguel de los Bancos is located 94 km. from the capital and is very wet and humid. It is between 550 to 1800 meters high. It is believed that the canton derives it name from a past period when large trees were cut down and the trunks that remained were used as large benches for people. Los Bancos, being an important transit city between the mountains and many coastal cities, has grown a good deal during recent years. Apart from eco-tourism the city is sustained by agriculture and stockbreeding.

Oscar is a pig trader. He works around 12 hours a day and he does so alone. When he has spare time he plays sports. He is requesting this loan because he wants to invest in his business so that it will grow and attract more customers. He will use the money he expects to receive from this investment to support his house and child.
View original language description ↓
Oscar vive junto con Olga y su hijo en el cantón de San Miguel de los Bancos en la provincia de Pichincha. San Miguel de los Bancos está ubicado a 94 km de la capital, es un lugar bastante lluvioso y húmedo, está entre los 550 y 1800 metros de altura. Se cree que el cantón obtiene su nombre de una época pasada cuando se talaron grandes árboles y los troncos restantes eran utilizados como grandes bancos para las personas. Los bancos al ser una ciudad importante de tránsito entre la sierra y muchas ciudades costeras ha crecido en buena medida durante los últimos años, el cantón aparte del ecoturismo se sustenta a través de la agricultura y ganadería.
Oscar se dedica al comercio de cerdos, el trabaja alrededor de 12 horas diarias y lo hace solo; cuando le queda tiempo libre se dedica a practicar deporte. Oscar solicita este crédito porque desea invertir en su negocio para hacerlo crecer y así abastecerse de más clientes. La plata que espera recibir de esta inversión la desea utilizar para apoyar en su casa y a su hijo.

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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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Oscar Moises to purchase pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013