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Luis Rodrigo
Luis is 28 years old and comes from a poor family, so he was not able to finish school, although he did complete elementary school. He is married to Fanny, 26, who makes a living in agriculture. They have two children who are in school. The family lives in Latacunga, a city that is known for its attractive tourist sites for visitors coming from near or far, namely the city's historic center, which has been considered a national cultural center for almost 30 years. The city is the capital of Cotopaxi, one of the provinces that forms Ecuador's mountain region, which has developed in recent years to be an important area for the mining, metallurgical, agricultural and livestock industries. There are business that generate considerable income that have turned Latacunga into a commercial city with various opportunities for advancement despite the poverty level being above 50 percent. However, the people have looked for ways to make headway and not stay stagnate, implementing their ideas and starting businesses. Luis has worked as carpenter for the past 10 years. He learned the trade from his brother, who with a lot of love and patience taught Luis how to develop the business. He works between eight to 10 hours a day out of a small space in his home designated for this work that is so important for him and his family, since it pays for his children's education and basic necessities. Luis makes interesting pieces of furniture and ornaments that he sells for reasonable prices. However, many times he's not able to respond to all of his customers' requests because of a lack of tools and materials, and it's for this reason he is requesting a loan so he can invest in supplies and strengthen his business. In this way, he will increase his income and improve his family's quality of life. Furthermore, Luis is certain that with the administrative training provided by Kiva partner Fundación Alternativa his business will get stronger.
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Luis tiene 28 años, por los escasos recursos de su familia no pudo terminar sus estudios y alcanzó a aprobar la instrucción primaria. Está casado con Fanny de 26 años que se dedica a la agricultura, tienen 2 hijos que se encuentran estudiando. Viven en Latacunga un lugar que cuenta con varios atractivos turísticos para turistas nacionales y extranjeros principalmente por el Centro Histórico de la ciudad que ha sido considerado Patrimonio Cultural del Ecuador desde hace casi 30 años. Capital de una de las provincias que forma parte de la Región Sierra del Ecuador; Cotopaxi y que los últimos años 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 a pesar de que las estadísticas indican un índice de pobreza que supera el 50%. Sin embargo las personas han buscado la forma de no estancarse y salir adelante, por lo que han puesto en marcha sus ideas y muchas de ellas de forma empírica.
Luis trabaja como carpintero desde hace 10 años, aprendió a través de su hermano quien con amor y mucha paciencia enseñó a Luis a desarrollarse en esta actividad. Invierte en esta actividad de 8 a 10 horas, en un pequeño espacio en su domicilio, designado para este emprendimiento que es tan importante para él y su familia, pues es lo que los ayuda a pagar la educación y las necesidades básicas de sus hijos. Luis elabora interesantes muebles y adornos que son vendidos a precios considerables, sin embargo muchas veces no puede atender las solicitudes de todos sus clientes por la falta de herramienta y material, es por eso que ahora solicita un crédito con el que pueda invertir en estos insumo y de esta forma fortalecer su negocio y además incrementando sus ingresos para mejorar la calidad de vida de su familia. Además Luis está seguro de que con la capacitación en herramientas administrativas que brindan en Fundación Alternativa, él fortalecerá su microempresa.

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
  • 22
    View loans »
    Ecuador Loans Fundraising
  • $22,854,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Luis Rodrigo to purchase tools and supplies.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 21, 2013