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Mario Ruben
Mario is 32 years old, he is separated from his wife and he has one child he economically provides for. He has finished high school. He lives in Quito, the capital city of the Republic of Ecuador and also the second largest city of the country with more that 2 million citizens between natives and migrants for other cities and countries. Quito has been the meeting point of citizens coming from all provinces, thus creating a very colorful culture. It is embellished by wide streets and building decorated with Avant-guard designs hosting the offices of renowned companies of every line of business. There are churches, museums and parks whose structures enchant its national and international tourists. In the center-north of the city there are entertainment places such as restaurants, art galleries and discos worth a visit. Mario lives in “La Armenias”, a neighborhood located in the Conocoto parish, in the north of the city. Also known as “Modern Quito”, here it is where many companies constituting the economic core of the country have their main headquarters. This is a mainly residential sector, even if in some isolated areas some unfinished buildings can been seen.
Mario runs a locksmith’s shop, an activity he has been engaged in since he was a child, almost 20 years ago, and that he has learned from his parents whom he has always helped. He works here 10 hours a day, offering this service he has succeeded in establishing notwithstanding the lack of working capital. Mario has requested a loan to Fundación Alternativa in order to improve the structure of his shop, as the working area of his shop is not covered and the weather can damage the equipment and materials he uses. He hopes that thanks to this change he will succeed in more easily winning his customers’ trust, thus increasing his income and consequently succeeding in granting a better strand of living both to himself and to his child.
View original language description ↓
Mario es un hombre de 32 años, separado de su esposa y tiene un hijo a quien brinda la respectiva ayuda económica; terminó la secundaria. Él vive en la ciudad de Quito, capital de la República del Ecuador y es la segunda ciudad más poblada del país con más de 2 millones de habitantes, entre nativos y migrantes de otras ciudades y países, ha sido el punto de encuentro de habitantes de todas las provincias, formando una cultura muy colorida, está embellecida con extensas calles, y edificios con diseños vanguardistas en donde se mueven empresas de renombre en todas las áreas. Tiene iglesias, museos y parques con estructuras que enamoran a sus turistas nacionales y extranjeros. En el centro-norte de la ciudad se encuentran centros de entretenimiento como restaurantes, galerías, discotecas para ser visitados. Mario vive específicamente en el barrio “La Armenia” ubicado en la parroquia de Conocoto, en el norte de la ciudad, sector conocido como el “Quito moderno” en donde están concentradas muchas empresas que son el centro económico del país. Los hogares de este sector en su mayoría son de carácter residencial, aunque en sectores apartados aún se puede divisar casas sin acabados de construcción adecuados.
Mario tiene un negocio de cerrajería al cual se ha dedicado desde muy niño desde hace 20 años y que aprendió de sus padres a quienes siempre ayudó. Con 10 horas en el día el brinda este servicio que logró establecer a pesar de la falta de capital. Mario solicitó un préstamo en Fundación Alternativa para poder mejorar la estructura de su negocio, ya que el lugar establecido para atender el negocio está descubierto y el clima puede dañar los equipos y materiales que utiliza. Él espera que con este cambio pueda ganarse más fácilmente la confianza de sus clientes y así mejorar sus ingresos lo que le permitirá llevar una mejor calidad de vida tanto para él como para su hijo.

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
  • 71
    View loans »
    Ecuador Loans Fundraising
  • $23,911,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mario Ruben to make improvements to his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013