Check out some available loans that are similar to this one!
Ligia Adriana
Ligia is single and has finished her secondary schooling. She has a daughter and they live in the Canton of Chunch, in the south of the Chimborazo province. The area is characterized for its agriculture and livestock. In addition, it has some touristic places including waterfalls, lagoons and alpine plains; these activities support the province's economy. However, statistics show that a high percentage of poverty exists with unsatisfied basic needs and in addition, a concerning rate of illiteracy. Chunchi is a place that is also characterized for the friendliness of its people and the modern architectural design.

To care for her daughter, this working mother sells products of mass consumption in her store that she opened four years ago and in which she invests an average of 8 hours daily. In addition, she organizes her work to sell food. Ligia wants to purchase land where she can build a home where she can also establish her store, which she will achieve thanks to the offered loan from Fundacion Alternativa, which, adding up the products that she sells in her store, she will be able to pay off quickly and then achieve her dream to no longer pay rent and use these savings for her daughter's education.
View original language description ↓
Ligia es soltera realizó estudios secundarios y tiene una hija, ellas viven en el Cantón Chunchi al sur de la provincia de Chimborazo, se caracteriza por ser una zona agrícola y ganadera y además cuenta con algunos lugares turísticos como cascadas, lagunas y páramos; actividades que aportan a la economía de la provincia, sin embargo, estadísticas demuestran que existe un alto porcentaje de pobreza por necesidades básicas insatisfechas y además un índice preocupante de analfabetismo. Chunchi es un lugar que también se caracteriza por la amabilidad de su gente y el diseño arquitectónico moderno.
Para mantener a su hija esta madre trabajadora se dedica a comercializar productos de consumo masivo en su tienda que abrió hace 4 años y a la cual invierte un promedio de 8 horas diarias, que además las organiza para también vender comida. Ligia desea comprar un terreno en donde pueda construir su casa con un local para instalar su tienda,que lo logrará gracias a un préstamo otorgado por Fundación Alternativa que sumado al incremento de productos en su tienda, podrá pagarlo de manera rápida y así lograr su sueño para dejar de pagar arriendo y utilizar este ahorro en la educación de su hija.

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
  • 22
    View loans »
    Ecuador Loans Fundraising
  • $22,885,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Ligia Adriana to buy land where she will build her home and business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2014