Check out some available loans that are similar to this one!
El Amanecer Group
In this Group: Sandra Gabriela, Deysi Marisol, Juan Agustin
The San José de Alluriquín parish is located in central northwest Ecuador in a rural area that is full of fertile land and leafy trees. It is in Santo Domingo, the capital of the San José de Alluriquín province in Santo Domingo. It is an Ecuadorean province that has experienced a high, sustained level of growth in recent years. The capital is a city which offers attractive, colorful, delicious fruits and cuisine. It also has a considerable amount of commerce as it has become a dry port where commercial exchange takes place between the country's mountainous and coastal regions. It also has various tourist attractions, which are very popular with national and international tourists, and a warm climate. That is why most of the city’s inhabitants have undertaken a commercial business activity or provide services for its residents and tourists.

The Aluriquín parish has unbelievable scenery where you can practice adventure sports, and it is just 20 minutes from the city. Families in the area have devoted themselves to agricultural and livestock business activities. This is the case with Sandra. She is a 22 year old woman, who in spite of financial and personal obstacles, was able to successfully complete high school. She now lives with her life partner, 24 year old Darwin. They have a son, whom they hope to always support until he becomes a professional. Sandra raises chickens to later sell. Due to the lack of capital and loan opportunities, she has not been able to increase her business in which she has a lot of experience. In order to achieve this objective she has requested a loan, which was offered speedily and with confidence, from Fundación Alternativa.

Taking advantage of this opportunity, Sandra has joined together with enterprising friends who are like her in order to get a group loan. The loan will be invested in each one of their businesses. Sandra will buy some chickens and supplies for raising them.

Juan will do the same. He also, with his wife’s help, raises and sells pigs. They do this in order to be able to support their three children, to give them an education, and to give them a decent life style.

Lastly, Deysi is 35 years old. She works in order to get her daughter ahead. She does this by selling clothes, cosmetics, and jewelry. She hopes to increase sales and use the loan to buy wholesale in order to get discounts and to have greater profits.

The thing the members of the group have in common is that they move around the city and nearby parishes to sell their products. This becomes hard work that requires a great deal of effort every day. Nevertheless, it has not been the reason for any of them to give up. Their personal and familial motivations strengthen them so that they continue on and fight for their dreams.
View original language description ↓
En el Centro Noroeste del Ecuador, en una zona rural, llena de suelos fértiles y árboles frondosos se encuentra la parroquia de San José de Alluriquín ubicada en Santo Domingo, la capital de la Provincia de Santo Domingo de los Tsáchilas, una provincia de Ecuador que en los últimos años ha tenido un alto crecimiento sostenido. Su capital es una ciudad en donde lo más atractivo y llamativo son sus deliciosas frutas, y la gastronomía que ofrecen en el lugar. También cuenta con un comercio considerable ya que se ha convertido en un puerto terrestre de intercambio comercial entre las regiones Sierra y Costa del país. Además cuenta con varios atractivos turísticos que acompañados de su clima cálido son muy concurridos por turistas nacionales y extranjeros. Es por esto que la mayoría de sus habitantes han emprendido con alguna actividad comercial o de servicios para habitantes y turistas.
La Parroquia de Aluriquín guarda paisajes inimaginables, en donde también se puede practicar deportes de aventura y está solo apenas a 20 minutos de la ciudad. Lugar poblado por contadas familias que se han dedicado a las actividades agrícolas y pecuarias como es el caso de Sandra, una mujer joven de 22 años que a pesar de los obstáculos económicos y personales, pudo terminar con éxito la secundaria y ahora vive con su pareja Darwin de 24 años con quien tiene un hijo a quien espera apoyarle siempre hasta verlo convertido en profesional.
Sandra se dedica a la crianza de pollos para su posterior comercialización. Debido a la falta de capital y oportunidades de créditos, no ha podido incrementar su negocio en el cual tiene mucha experiencia. Para lograr este objetivo ha solicitado un crédito a Fundación Alternativa quienes le brindaron agilidad y confianza. Aprovechando esta oportunidad, Sandra ha incluido a sus amigos emprendedores como ella para obtener un préstamo grupal el cual será invertido en cada uno de sus negocios. En el caso de Sandra comprará algunos pollos e insumos para su crianza al igual que Juan quien además cría y comercializa cerdos con la ayuda de su esposa para así poder sustentar a sus 3 hijos y darles una educación y estilo de vida dignos. Y finalmente Deysi de 35 años que trabaja para sacar adelante a su hija y lo hace vendiendo ropa, cosméticos y bisutería la cual espera incrementar y comprar al por mayor con el préstamo para obtener descuentos y tener mayor utilidad.
Los integrantes de este grupo tienen en común que se movilizan a la ciudad y parroquias aledañas para vender sus productos, lo cual se convierte en trabajo duro y esforzado cada día pero sin embargo no ha sido causa para que alguno se dé por vencido, pues sus motivaciones personales y familiares les fortalecen para seguir adelante y luchar por sus sueños.

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
  • 96
    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 portion of El Amanecer Group's $1,425 loan helped a member to buy chickens, feed, and supplies for the chicken coops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 20, 2013