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Abriendo Surcos Group
In this Group: Maria Concepcion, Jofre Vitelio, Patricia Alexandra, Sonia Susana, Maria Fernanda, Teresa Consuelo, Cruz Del Carmen, Julio Walberto, Maria Magdalena, Angela Margarita, Veronica Elizabeth
María is 62 years old. She grew up in a poor family, so she only managed to get through elementary school. She separated from her husband a number of years ago, which was something very painful in her life and represented an obstacle in pursuing her business. María raises her 13-year-old grandson because of some problems the boy's mother has with her work schedule. They live in Quinindé, a hamlet in the province of Esmeraldas that provides a number of cities in Ecuador with bananas, cacao, coffee, palm and forest products, and the majority of the inhabitants make a living in commerce. That has become even more the case since the roads into town were expanded, allowing a lot of commercial movement, especially on the weekends when merchants of all kinds go out to offer their products at the area flea markets. Tourism is another important industry because the natural ecosystem offers a wide variety of places to see waterfalls, rivers and forests full of flowers and animals. Every family works hard and looks for new ways to improve their quality of life, so one could call this an enterprising place. María started her seamstress shop a number of years ago. She learned from experience and little by little improved her craft, and now she is an expert and spends between eight and 10 hours a day making clothing for all occasions, according to the demands of her customers. She is requesting the loan to purchase distinct fabrics and in this way she can offer a wider variety of styles. She hopes this will increase her income, since her goal is to have a big seamstress shop making clothes to sell all over the country, and with that she will be able to pay for her grandson's education until he becomes a professional. María has joined with friends who also need to expand their businesses, as is the case with Jofre, who makes a living raising and selling pigs. Juilo raises pigs and sells fish, while Cruz sells pigs and chickens. Another María raises and sells chickens. Teresa, Verónica and another María sell clothing via catalog, same as Sonia, who despite a physical disability also sells jewelry. Patricio and Angela have grocery stores.
View original language description ↓
María es una mujer de 62 años, creció en una familia de escasos recursos, por lo que alcanzó a sustentarse solamente los estudios primarios. Se separó de su pareja hace varios años lo cual fue algo muy doloroso en su vida y representó un obstáculo en el emprendimiento de un negocio. María educa a su nieto que tiene 13 años debido a algunos problemas que la madre del chico tiene con su horario de trabajo. Viven en Quinindé un cantón de la Provincia de Esmeraldas que provee a varias ciudades del Ecuador productos como banano, cacao, café, palma africana y productos forestales y además el comercio es el trabajo diario de la mayoría de sus habitantes para poder salir adelante y más aún cuando han incrementado las vías para llegar a este cantón lo que ha permitido un gran movimiento comercial en especial los fines de semana en donde salen comerciantes de todo tipo a ofertar sus productos en la feria a sus potenciales clientes que la mayoría de veces suelen ser campesinos. El turismo también es un aporte muy importante para este cantón pues su ecosistema natural tiene mucha variedad de lugares para ser visitados cascadas, ríos de agua dulce, bosques, que tienen flores y animales que adornan esta ciudad. Cada familia de este lugar se esfuerza y busca todas las alternativas para mejorar su calidad de vida, por lo que se puede hablar de un cantón emprendedor.
María estableció su taller de costura desde hace algunos años, aprendió con la experiencia y poco a poco fue mejorando, ahora es toda una experta e invierte entre 8 y 10 horas en la elaboración de ropa para toda ocasión, según la demanda de sus clientes. Ella requiere un préstamo para comprar telas distintas y de esta forma poder ofrecer otra variedad de estilos al momento de confeccionar la ropa. María espera que esto incremente sus ingresos pues ella sueña tener un taller grande confeccionando ropa para venderla por todo el país y con esto lograr pagar los estudios de su nieto hasta que se convierta en todo un profesional. María se ha unido con amigos que también tienen necesidad de engrandecer sus negocios como es el caso de Jofre quien se dedica a la crianza y venta de cerdos, como lo hace Julio quien aparte de cerdos, vende pescado, y a esta actividad también se dedica Cruz quien comercializa cerdos y pollos María quien cria pollos para su posterior venta, Teresa, María y Verónica quienes venden ropa por catálogo, al igual que Sonia quien a pesar de una discapacidad física también vende bisutería de forma ambulante, Patricio y Angela cada uno con su tienda de víveres.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Abriendo Surcos Group's $6,225 loan helped a member to purchase fabric to make seasonal clothing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 21, 2013