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Eufemia Dolores
Just a little while ago, the southern part of the city of Quito was no considered one of the economic strongholds of the Ecuadorian capital. Now this area is an economic force in the city. There are enterprising families in this place that have fought to stand out. There are natives and migrants from other cities and countries, and it has been a meeting point for people from various provinces. It has extensive streets.

Eufemia lives in the Chimbacalle area, in Ferroviaria Baja, a neighborhood located in the southern part of the city, an area with a lot of commercial activity that keeps growing and greatly contributes to the economic growth of the city. The parks with their large green areas stand out in this zone. Families go to them on weekends. There is access to all kinds of services and its inhabitants are entrepreneurs who take advantage of every opportunity that presents itself when it comes to setting up new businesses. Migrants from various provinces of the country live here and they put their skills to the test to move forward by setting up businesses, most of which are established through experience.

Eufemia, 60, is a hard-working woman who has never stopped fighting to achieve her dreams. She finished high school and then started working, because the economic situation in her household did not permit her to study further. While young, she married and had three sons who are now grown: Edison, 42, Patricio, 40, and Juan Carlos, 32. Eufemia is now divorced and lives alone, but she believes that she can move forward regardless of her situation. The proof of this is that four years ago, she opened a small place in which she sells traditional fast foods, which were in high demand by the students, residents, and workers in the area. This activity has helped to give her economic stability and she can also enjoy free time with her relatives.

For eight hours a day, Eufemia cleans the foods, prepares them and attends to each one of her customers. Now with the experience she has gained, she is sure she will be able to grow her business, which is why she went to Fundación Alternativa through Kiva. They give her a loan so that she can buy merchandise like sweets and goods for immediate consumption that can complement or be combined with the services that she provides. Eufemia hopes to increase her income to maintain some savings that she can use when her age and the health complications that come with it no longer permit her to work.
View original language description ↓
Hasta hace pocos el sector sur de la ciudad de Quito, no era tomado en cuenta dentro de los sectores económicos fuertes de la capital de la República del Ecuador, ahora este sector es considerado una fuerza de la economía de la ciudad. En este lugar se encuentran familias emprendedoras que han luchado para sobresalir. Entre nativos y migrantes de otras ciudades y países, ha sido el punto de encuentro de habitantes de varias provincias, y está reconstruido con extensas calles. Eufemia reside en el sector de Chimbacalle, en la ferroviaria baja, un barrio ubicado en el sector sur de la ciudad, un sector con una alta actividad comercial que es cada vez más fortalecida y que aporta en gran manera al crecimiento económico de la ciudad. Se destaca en esta zona los parques con amplias zonas verdes en los cuales se dan cita las familias los fines de semana. Hay gran accesibilidad a todo tipo de servicios y sus habitantes son emprendedores que aprovechan cada oportunidad que se presenta con establecimiento de nuevos negocios. Los migrantes de varias provincias del país residen en este sector y ponen a prueba sus habilidades y destrezas para salir adelante con la puesta en marcha de negocios que son establecidos empíricamente en su mayoría.
Eufemia es una mujer de 60 años, trabajadora que nunca ha dejado de luchar por conseguir sus sueños, terminó el colegio y luego se dedicó a trabajar porque la situación económica en su hogar no le podía proveer los estudios superiores. Siendo joven se casó y tuvo 3 hijos que ahora son adultos Edison de 42 años, Patricio de 40 y Juan Carlos de 32. Eufemia ahora está divorciada y vive sola, pero considera que independientemente de su situación puede salir adelante y la prueba de eso es que hace 4 años abrió un lugar pequeño en el cual vende comida rápida y tradicional que era muy demandada en el lugar por estudiantes, vecinos y trabajadores del sector. Esta actividad le ha ayudado a tener una estabilidad económica y además puede disfrutar en sus tiempos libres de sus familiares. En ocho horas del día, Eufemia asea los alimentos, los prepara y atiende a cada cliente que llega. Ahora con la experiencia que ha adquirido está segura de que puede hacer crecer su negocio, por lo que acudió a Fundación Alternativa quien a través de Kiva, le otorgan un crédito para que ella compre mercadería como golosinas o productos de consumo inmediato que se puedan combinar o complementar con el servicio que ella presta. Eufemia espera incrementar sus ingresos para mantener un ahorro que lo pueda utilizar en los años que su edad y las complicaciones de salud que esto conlleva ya no le permitan trabajar.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Eufemia Dolores to improve her business by purchasing sweets and offering them to her customers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013