Update on Manuel MesíasManuel is 31 years old. He is single and lives with his father in the "Luz de America" parish in Santo Domingo - one of the newest towns in Ecuador; it was built where the mountainous and coastal regions of the country meet. It is a very special place, non only because of its rich ethnic diversity, but also because of the unusual landscapes one can find from the moment one enters this beautiful town. Santo Domingo de los Colorados is part of the province of Santo Domingo de los Tsachilas, which has only recently ben formed.
Santo Domingo's main fair attracts many visitors and allows for cultural and commercial exchanges. The fair takes place at the Ranchers' Association's facilities, where the best examples of a variety of breeds and crossbreeds raised by the region's ranchers compete. Manuel and his father have been working in farming for 15 years and this activity is their livelihood. Manuel has done well which has allowed him to lead a modest life. He learnt to work in farming from his family, who comes from an ethnic culture where farming is the main source of work. Manuel needs a loan to purchase fertilizer as well as other supplies so he can take care of his crops and avoid losses. He dreams that one day he may be able to build his own house and car. He would also like to meet a woman with whom he could start a good family. And this is his life's goal, which he believes to be more important than his economic goal. He is grateful to Fundacion Alternativa who helps those in the rural sector and believes in entrepreneurs who want to grow their businesses.
Manuel se dedica junto a su padre a la agricultura desde hace 15 años y esta actividad es el sustento de su hogar. Le ha ido bien, ya que gracias a esto ha podido llevar una vida modesta. Aprendió esta actividad de su familia ya que provienen de una cultura étnica en la cual el trabajo principal que se realiza es la agricultura. Manuel necesita comprar abono para lo cual requiere un préstamo que le ayudará a adquirir este producto y algunos insumos adicionales para cuidar de manera correcta su producción y evitar pérdidas.
Manuel sueña con un día poder construir su casa propia y su automóvil. También quisiera encontrar una mujer con la que pueda tener una buena familia. Y esta es su meta de vida y a la que considera más importante que su meta económica. El está agradecido con Fundación Alternativa que apoya al sector rural y que cree en los emprendedores que desean crecer en sus negocios.
Previous Loan DetailsManuel is a single, 31 year old man living with his father in Luz de América parish in Santo Domingo one of Ecuador’s youngest cities. It is at the point where the country’s mountains and coast regions meet. It is a privileged spot not only for its ethnic richness but also for the unique scenes… More from Manuel Mesías's previous loan »
More information about this loan
About Fundación AlternativaFundación 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid