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Luis Rodrigo
Luis is 26 years old, has finished secondary school, and lives with his wife who is 24. They have a child, just 2 months old, and live in Luis's parents house, located in Latacunga. This is the capital of Cotopaxi province, part of Ecuador's sierra region.

The region has developed notably in recent years, so much so that it's now considered among the most important, thanks to its flower-growing, mining, metallurgy, agro-industry, agriculture and cattle-raising. In addition, there are business establishments that generate notable incomes, converting it into a commercial city with various opportunities to get ahead. Latacunga is a welcoming city that attracts tourists with its narrow, decorated, colonial streets and its architectonic churches that conserve the typical facades of past years.

Luis sees an opportunity to expand his cattle-raising activity, which he was taught by his parents, starting in early childhood some 20 years ago. Each day, he invests 2 or 3 hours in the most demanding activities while his wife is responsible for the general care of the animals. Luis combines milk-producing activity with raising pigs for later sale.

Luis approached the Fundacion Alternativa hoping to expand, and seeking the help it offers the rural sector with loans and training opportunities. He solicited a loan to buy more animals and increase milk production. In this manner, Luis hopes to improve their incomes so that, later, he can make his dream of having his own house a reality.
View original language description ↓
Luis tiene 26 años, cursó la secundaria y vive con su pareja de 24 años con quien tiene un hijo de apenas 2 meses, viven en la casa de los padres de Luis que se encuentra en Latacunga capital de la provincia de Cotopaxi, una de las provincias que forma parte de la Región Sierra del Ecuador y que los últimos años 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. Latacunga es una acogedora ciudad que atrae a sus turistas por sus estrechas calles decoradas con coloniales calles e iglesias arquitectónicas que conservan la típica fachada de años atrás.
Luis encontró la oportunidad de crecimiento en la actividad ganadera que le enseñaron sus padres y en la cual emprendió desde que era muy niño hace 20 años. Cada día invierte 2 o 3 horas en las actividades más demandantes y el cuidado en general de los animales lo realiza su esposa. Luis combina la actividad de producción de leche con la crianza de cerdos para su posterior comercialización. Luis acudió a Fundación Alternativa por la oportunidad de crecimiento, y el apoyo que brindan al sector rural con créditos y capacitaciones oportunos, por lo que solicitó un crédito con el cual comprará más animales para incrementar su producción y de esta forma mejorar sus ingresos con los que luego podrá hacer realidad su sueño de tener su casa 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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Luis Rodrigo buy more cows and increase milk production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013