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Luis German
Luis, 47, completed secondary school. He’s married to María and they have three children. They live together in Jordán Parish in Otavalo Canton in Imbabura Province. Otavalo is a city that’s very attractive because of its diverse culture; it’s very well-known by both national and foreign tourists who visit different vistas, colorful festivals and the culture of its indigenous and mestizo peoples that come from legendary histories and who have defended their territory since time immemorial.

It is an economically rich canton because it’s been a center of craftsmanship since its most ancient origins and its products are today highly prized worldwide. Tourism is another industry that contributes to this city’s economy because in this rural zone can be found rivers, lakes, waterfalls and forests that are highly visited. Because of the high number of tourists, merchants and residents in the city, one can find downtown a great variety of businesses that have as their main goal to offer all services to those passing through the city. These businesses range from hotels to inns, restaurants to cafeterias, bookstores, clothing stores, computer rentals, Internet access, etc.

Luis provides telephone rental services for national and international land lines and mobile phones by means of phone booths located in his locale that he started on his own initiative and has now been in operation 13 years; he’s open 8 hours daily. In addition to the phone services, he also sells paper goods and photocopies which are added values his customers can feel satisfied with for obtaining a complete service.

As fruit of his long years of labor, Luis acquired a house that currently needs some structural improvements which is why he’s requested a loan from Fundación Alternativa so that he can reach this goal. He will also get advice and training from them that he will be able to put into practice in his micro business in order to stand out from the competition which has currently grown in the sector.
View original language description ↓
Luis tiene 47 años, ha cursado la secundaria. Está casado con María de 45 y tienen 3 hijos, juntos viven en la Parroquia de Jordán en el Cantón Otavalo de la Provincia de Imbabura. Otavalo es una ciudad muy atractiva por la diversidad de su cultura por lo que es muy concurrida por turistas nacionales y extranjeros quienes en cada visita disfrutan de paisajes, fiestas coloridas y las costumbres de sus habitantes indígenas y mestizos que provienen de legendarias historias y que han defendido su territorio desde siempre. Es un cantón muy rico económicamente pues desde sus antecedentes ancestrales, fue considerado el centro de la industria artesanal y actualmente estos productos son cotizados en todo el mundo. También el turismo es una industria que aporta a la economía de esta ciudad, pues en la zona rural se pueden encontrar ríos, lagos, cascadas, bosques que son muy visitados. Por la afluencia de turistas, comerciantes y habitantes de la ciudad, en el centro de la ciudad se puede encontrar gran variedad de negocios que tienen el objetivo brindar todos los servicios para quienes pasan por la ciudad, estos negocios varían entre hoteles, hostales, restaurantes, cafeterías, papelerías, tiendas de ropa, alquiler de computadores, internet, etc.
Luis presta el servicio de alquiler de teléfono para llamadas nacionales e internacionales a números fijos y móviles a través de locutorios con cabinas telefónicas ubicadas en su local que emprendió por iniciativa propia y ya tiene 13 años, en el cual permanece 8 horas diarias. Aparte del servicio de teléfono también se ofrece útiles de papelería y copias, valores agregados con los cuales sus clientes pueden sentirse cómodos recibiendo un servicio completo. Luis como fruto de su trabajo a lo largo de estos años obtuvo una vivienda a la cual necesita hacerle algunos arreglos en la estructura, para lo cual solicitó un préstamo en Fundación Alternativa con el cual podrá cumplir este objetivo y con quienes además recibirá asesoría y capacitación que pondrá en práctica en el desarrollo de su microempresa para destacarse de la competencia que en la actualidad ha crecido en el sector.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,094,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,075 helped Luis German to do some home improvements.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
N/A
Expired:
Nov 7, 2012