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Maria Senaida
Latacunga is the capital of the province of Cotopaxi, one of the provinces in the highland region of Ecuador. Recently Latacunga has developed notably in such a way that it's considered one of the most important cities in the region, thanks to the flower, mining, metallurgy, agribusiness, agriculture, and livestock industries. In addition, there are businesses that generate additional income, which turns it into a commercial city with a variety of opportunities to get ahead. In this city there are many celebrations that conserve a deep rooting in and purity of historical origins or ancestral tradition.

María, 23, lives in this interesting city. She's single and has a son, Edison, 1. She lives with her parents and finished elementary school, but she hopes to continue her studies one day. María has made a living for three years raising pigs for sale, a job she learned from her mother and on which she spends eight hours a day.

María needs to increase her income so she requested a loan to buy more pigs and supplies to expand the pens so the pigs have more space.

Fundación Alternativa granted this loan because its goal is to end poverty in Ecuador, so its help in the rural sector is fundamental. They also offer consulting so the business can get ahead.

María's dream is to return to her studies and one day be able to apply her knowledge in the business she has carried out during this time.
View original language description ↓
Latacunga es la 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. En esta interesante ciudad reside María una mujer de 23 años que es soltera y tiene un hijo Edison que tiene 1 año de edad, vive con sus padres y ha terminado la escuela primaria, pero espera algún día continuar sus estudios.
María se dedica a la crianza de cerdos para su posterior comercialización desde hace 3 años, actividad que aprendió de su madre y en la cual invierte 8 horas al día. María necesita incrementar sus ingresos por lo que solicitó un crédito con el cual pueda comprar más cerdos y además insumos para agrandar los criaderos y que los cerdos tengan mayor espacio. Fundación Alternativa otorgó este crédito ya que su visión es acabar con las pobrezas del Ecuador, por lo que su apoyo al sector rural es primordial y además del dinero le ofrecen asesoría para que saque adelante su negocio. El sueño de María es retomar sus estudios y un día poder aplicar sus conocimientos en el negocio que ha llevado a cabo por este tiempo.

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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
  • 66
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Maria Senaida to buy pigs and equipment for the pens.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 21, 2013