A loan of $1,625 helped to purchase animals and items for their care.

Mario Alberto's story

Mario is 24 years old, single, has attended university, and lives with his parents, Mario, 52, and Maria, 53. They live in Latacunga, the capital of the Cotopaxi province. In Ecuador, the city is known for its rich cuisine, especially hallullas (hard crackers made from bread that are a tradition in Ecuador, Bolivia, and Chile) and quesos de hoja (long sheets of cheese). The area is also known for raising livestock and agriculture that is sustained by the mild climate, cold and warm humidity. The poverty index is more than 50%, but the majority of the inhabitants have basic services (water, electricity, etc) in their homes.

Mario learned from his parents how to raise livestock for later sale and also to sell the milk that they produce. Two years ago, he decided to involve himself more deeply in the business and learn this work, which he does for eight hours a day without help from anyone. Although many merchants oppose paying a fair price, Mario is asking for a loan to purchase more animals and items to care for them so that he can offer these animals a price that allows him to generate a higher profit. He will create a savings account so that one day he can achieve his dream of building his own house. Mario received this loan from Fundación Alternativa and he thanks them for their advice and their confidence in the enterprising youth of his country.

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Translated from Spanish by Kiva volunteer Eileen Lloyd

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