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Ramon Armando
Ramón is a 45 year old man who went to elementary school and lives with his partner Angela who is 33 and works as a domestic laborer. They have three children who are attending a primary school in Santo Domingo, the capital of the province of Santo Domingo of Tsáchilas, a province of Ecuador that has in recent years had a sustained population growth. The capital is a city where the most attractive and appealing of its benefits are its delicious fruits and the rich cuisine that can be found in this region. It also has considerable trade, as it has become a commercial hub between the mountainous and coastal regions of the country. The city also has many tourist attractions that together with its warm climate make this an attractive destination for both domestic and foreign tourists. That is why most of the residents engage in a commercial activity.

One of these entrepreneurs is Ramón, who more than 4 years ago decided to take the plunge to engage in the sale of household and personal care goods, and he learned how to do this work through practical experience, which he gained during the course of 10 years of door to door street sales, walking down the main streets and roads of the city. At this time, he wants to also engage with the rural sector to increase his customer base and generate more sales. Ramón has been a client of Fundación Alternativa for a year, and he is satisfied with the advice they give and the facility of gaining loan approval. That's why he now requires a loan to buy merchandise that would allow him to diversify the types of products he carries. Ramón hopes that with this increase in his business, he will be able to gain enough revenue to build his savings and build a home with decent security.
View original language description ↓
Ramón es un hombre de 45 años y cursó la escuela primaria, vive con su pareja Angela quien tiene 33 años y trabaja en los quehaceres del hogar, tienen 3 hijos que están cursando la escuela primaria Santo Domingo, la capital de la Provincia de Santo Domingo de los Tsáchilas, una provincia de Ecuador que en los últimos años ha tenido un alto crecimiento sostenido. Su capital es una ciudad en donde lo más atractivo y llamativo son sus deliciosas frutas, y la gastronomía que ofrecen en el lugar. También cuenta con un comercio considerable ya que se ha convertido en un puerto terrestre de intercambio comercial entre las regiones Sierra y Costa del país. Además cuenta con varios atractivos turísticos que acompañados de su clima cálido son muy concurridos por turistas nacionales y extranjeros. Es por esto que la mayoría de sus habitantes han emprendido con alguna actividad comercial.
Uno de estos emprendedores es Ramón que hace 4 años decidió dar el paso decisivo para ejercer la venta de artículos para el hogar y de uso personal, que aprendió de manera empírica y lo realiza desde hace 10 años de forma ambulante caminando por las principales calles y carreteras de la ciudad, en esta ocasión él desea también proveer al sector rural para incrementar sus clientes y generar más ventas. Ramón es cliente de Fundación Alternativa desde hace un año, él se siente satisfecho con la asesoría que le brindan y con la agilidad en la aprobación de los créditos, es por eso que ahora nuevamente requiere un préstamo para comprar mercadería que le permita diversificar la oferta de productos que tiene. Ramón espera que con este incremento de su negocio pueda obtener los ingresos suficientes para tener un ahorro para poder construir su casa con las seguridades adecuadas.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Ramon Armando to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013