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Juan Luis
Juan, 53, attended elementary school. He’s married to Carmen, 51, and they have two children who are 14 and 11 years old. They live in Latacunga, capital of Cotopaxi Province one of the provinces that make up Ecuador’s Sierra Region. Latacunga has developed significantly in recent years to such an extent that it’s considered to be one of the most important in the region thanks to its flower industry, mining, metallurgy, agroindustry, agriculture and animal husbandry. Businesses that generate interesting income are also established here converting the city into a commercial center with several growth opportunities. Many festivals occur in this city preserving the roots and purity of historical origins and ancestral traditions. At every festival, traditional food, dances and artistic presentations are the center of attention for all inhabitants and tourists. Some of the dishes that are served in this city are ‘hornado’ [roasted pig], guinea pigs, ‘chugchucaras’ [fried pork, 'mote'-boiled hominy, potatoes, fried plantains, turnovers, popcorn, and pork rinds; it is accompanied by aji, a spicy sauce made with hot peppers, tomatoes, cilantro, and onions], etc.

Juan has worked for a year raising animals for subsequent sale. It was quite a challenge for him and his family to start something new but the experience his friends and neighbors shared with him helped him to feel confident about continuing forward and he’s done excellent work despite having worked for a long time manufacturing concrete blocks. The little space he had available at home, however, made it impossible for him to continue with this so now he uses his free time to help out in nearby block factories.

Raising animals has now become his main source of employment and he spends between six and eight hours daily at it; his wife helps him and they work together even at dawn to tend to their animals and care for their health so that they will be in higher market demand. Juan is prepared to take the next step for his business’ growth so wants to buy more animals to earn higher income that will help him improve his and his family’s quality of life. To reach this goal, Juan has asked Fundación Alternativa for a loan he can use to make this purchase and also to obtain the training he needs to correctly manage his business and the resources that are being invested in it.
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Juan tiene 53 años, cursó la escuela primaria está casado con Carmen de 51 años, tienen dos hijos de 14 y 11 años, 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. En cada fiesta la comida típica, los bailes y las presentaciones artísticas son el centro de atención de todos los habitantes y turistas. Hornado, cuyes, chugchucaras, etc, son algunos de los platos que se sirven al pasar por esta ciudad.
Juan se dedica a la crianza de animales para su posterior venta, desde hace un año. Fue un reto bastante grande para él y su familia comenzar con algo nuevo, pero la experiencia que sus vecinos y amigos le impartieron, le dieron la seguridad de seguir adelante y ha desempeñado un trabajo excelente a pesar de haberse dedicado mucho tiempo a la elaboración de bloques, pero el poco espacio que tenía en su casa no le permitieron continuar, es por eso que ahora en su tiempo libre ayuda a las bloqueras de los sectores aledaños. Ahora la crianza de animales se ha convertido en su principal fuente de trabajo a la cual le dedica entre seis y ocho horas al día y en donde además recibe ayuda de su esposa, juntos trabajan inclusive las madrugadas para atender a los animales y cuidar su salud para que sean más demandados en el mercado. Juan está preparado para dar el siguiente paso en el crecimiento de su negocio, por lo que ahora requiere comprar más animales y así obtener mayores ingresos que le ayuden a mejorar su calidad de vida y la de su familia. Para realizar esta meta Juan ha solicitado a Fundación Alternativa un préstamo con el cual pueda hacer esta compra y además aprovechar la oportunidad de capacitarse para llevar una correcta administración de su negocio y los recursos que en el están invertidos.

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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
  • 101
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Juan Luis to buy piglets and chicks to raise and then sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013