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Juan Carlos
Juan Carlos is 24 years old. He is marred to Anna who is 21 years old. They reached primary level in school. They have 2 children, one is 2 years old and the youngest is 4 months.

They live in Latacunga, the capital of the province of Cotopaxi. Cotopaxi is one of the provinces that form part of the Sierra Region of Ecuador. In recent years Latacunga has developed in such a way that is respected as one of the most important parts of the province. This is due to the flower-growing industry, mining, engineering, agribusiness, agriculture, and cattle farming. Additionally, businesses exist that generate interesting income, which commercialize the city and create several opportunities to do well. In this city many of the festivals conserve the purity of the historic origins or the ancient traditions.

Juan Carlos learned production of brooms from his in-laws and his parents. Now he works between 10 to 11 hours a day for this business. For the last 9 years he has gained experience to deliver an improved finished product to his clients. Juan sells his product in the city and adjacent towns, including the coastal region. Due to the long trips he suffers losses because people steal his merchandise. In spite of these obstacles, he is requesting a loan through “Fundación Alternativa” (Foundation Alternative) to grow the production and continue ahead in his business. One day his dream is to construct a house for his family to live in peace.
View original language description ↓
Juan Carlos es un joven de 24 años, está casado con Ana de 21, ellos alcanzaron el nivel primario de estudios. Tienen 2 hijos que están en la edad de 2 años y el más pequeño tiene 4 meses. Viven en Latacunga capital de la provincia de Cotopaxi, una de las provincias que forma parte de la Región Sierra del Ecuador. En los últimos años Latacunga se ha desarrollado notablemente de tal forma que es considerada una de las más importantes de la región gracias a la industria florícola, minera, metalúrgica, agroindustria, agrícola y ganadera. Además existen establecimientos de negocios que generan interesantes ingresos lo que le convierte en una ciudad comercial y con varias oportunidades para salir adelante. En esta ciudad muchas de las fiestas conservan un profundo arraigo y pureza muy cercanos a los orígenes históricos o de la tradición ancestral.
Juan Carlos aprendió la actividad de elaboración de escobas de sus suegros y de sus padres y ahora le dedica entre 10 y 11 horas al día a este negocio desde hace 9 años, en los cuales ha adquirido experiencia para entregar un mejor producto terminado a sus clientes. Juan vende su producto en su ciudad y varios pueblos aledaños, inclusive en la región Costa y por los viajes prolongados, muchas veces sufre pérdidas porque le roban su mercadería. A pesar de estos obstáculos, solicitó un crédito en Fundación Alternativa para incrementar la producción y seguir adelante con su negocio y un día poder cumplir su sueño de construir una casa en la que su familia pueda vivir con tranquilidad.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,625 helped Juan Carlos to grow the production of brooms and improve his quality of life.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
N/A
Expired:
Oct 22, 2012