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William Fabian
William is a 32 year old man with a primary school education. He is married to Martha, 32, and they have a 7 year old daughter named Heidi. They live in Latacunga, capital of the Cotopaxi province, one of the provinces that form part of the Región Sierra del Ecuador. In recent years, Latacunga has developed so remarkably that it is considered one of the most important towns of the region thanks to the floral, mining, metallurgy, agribusiness, agriculture, and livestock industries. In addition, there are business establishments that generate interesting income, making it a commercial city offering many opportunities to get ahead. In this city, many of the festivals retain the deep roots and purity very close to historic origins and ancestral traditions. These celebrations beckon people from across the country, turning this city into the meeting point of the provinces. Latacunga is the home of construction materials that are distributed from here to across the country.

William has been making cement blocks for 13 years. He learned how to manage this business thanks to the support of his family who has always been engaged in this business. He puts in eight hours a day and his wife helps him. He believes that mixing all of the ingredients is hard work and for this reason, when he has free time, he helps his colleagues from other “bloqueras” with their activities. He has experienced several losses during his years in business, the first due to theft of his blocks and materials, and the second because of irresponsible customers who hadn’t paid on time. However, William has gotten ahead and provided his wife and daughter with a good lifestyle. Now, he needs a loan to purchase materials in order to increase brick production and add to his profits. This will allow him to give his daughter the education that he himself could not enjoy. Fundación Alternativa provided him with the flexibility and confidence to obtain this loan. In addition, they have provided him with personal advice in the proper management of his resources.
View original language description ↓
William es un hombre de 32 años, educado con instrucción primaria, está casado con Martha de 32 años, tienen una hija de 7 años; Heidi. Viven en Latacunga 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 y que cuando se celebran convocan a personas de todo el país convirtiéndose en el punto de encuentro de muchas provincias. Latacunga es el hogar de los materiales de construcción y son distribuidos desde aquí hacia todo el país.
William es uno de los hombres que se dedica a la elaboración de bloques de cemento desde hace 13 años, aprendió a desenvolverse en esta actividad gracias al apoyo de toda su familia que siempre se han dedicado a este negocio. Invierte hasta 8 horas cada día con la ayuda de su esposa, él considera que el trabajo duro está en realizar la mezcla de todos los materiales, por eso cuando tiene algún tiempo libre, ayuda a colegas de otras bloqueras en sus actividades. En sus años de experiencia ha tenido que sufrir varias pérdidas primero por robos de los bloques y materiales y segundo por los clientes incumplidos que no han pagado a tiempo, sin embargo William ha salido adelante para darle a su esposa e hija un buen estilo de vida. Ahora requiere un préstamo que lo utilizará en la compra de materiales para incrementar la producción de ladrillos y así sumar su utilidad la cual le permitirá darle a su hija la educación que él no pudo gozar. Fundación Alternativa le ayudó a obtener este crédito con agilidad y confianza y además le ha brindado asesoría personalizada para administrar de manera correcta sus recursos.

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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $23,889,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped William Fabian to purchase materials to make bricks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013