Check out some available loans that are similar to this one!
Jonny Eduardo
Jonny is a young 23 year old single man. He completed his primary school education in a public school in the area and lives in Santo Domingo canton in the province of Santo Domingo de los Tsáchilas. Santo Domingo connects the mountainous and coastal regions of Ecuador. It is a city that has become a commercial hub with several growth sectors and as proof you have several enterprising families that began some years ago with small businesses which have now become small enterprises contributing to job growth. Studies reveal that a majority of the businesses began by trial ad error and that they have been well received by passing tourists, businessmen and travelers who move from one region to another. Moreover, Santo Domingo is the third most populous city in the country.

Jonny lives in Luz de América parish in this canton, an area considered the gateway to the province because of the richness of its soil. It has been the birthplace of several food companies as well as the area of greatest papaya production and exportation of exotic fruit. Consequently most of the inhabitants of the parish engage in agriculture and also livestock raising, a factor motivating several entrepreneurs in the area to strengthen these enterprises through their work, experience and effort.

Jonny is a man who, from the time he was a child, learned how to raise all kinds of animals from his parents. His help was essential so that his parents could meet their responsibilities of putting food on the table. For the past two years Jonny has been working independently raising pigs and ducks for later re-sale. He manages their feeding and health needs during their stay before selling them at market for a good price. These tasks take about 8 hours every day on different schedules depending on the needs of the animals and weather conditions.

Jonny has seen the need to expand and upgrade the sheds where his animals stay and has requested a loan for this purpose as well as to buy animal feed wholesale so that he can obtain the best price from his provider. Previously, Jonny has had difficulty obtaining loans from various financial institutions because he lives in a rural parish several kilometers from the city and this has made it difficult for the loan officers to make the long trip required to reach his house. Thanks to Fundación Alternativa, this barrier has been overcome since they care about people in rural areas, and thanks to Kiva, today Jonny is able to receive the help that he needs to grow as a small business man, a dream that many of you are a part of!!
View original language description ↓
Jonny es un hombre joven de 23 años, es soltero, cursó los estudios primarios en una escuela pública del sector y vive en el Cantón Santo Domingo de la provincia de Santo Domingo de los Tsáchilas. Santo Domingo se encuentra conectando la Región Sierra con la Región Costa del Ecuador, es una ciudad que se ha convertido en un eje comercial con varios sectores en crecimiento y como prueba se tiene a varias familias emprendedoras que hace algunos años comenzaron con pequeños negocios y ahora son microempresarios que aportan a la generación de empleo. Los estudios revelan que todos los negocios en su mayoría, empezaron empíricamente y han tenido acogida por el paso de turistas, empresarios y viajeros que se trasladan de una región a otra y además que es la tercera ciudad más habitada en el país. Jonny reside en la Parroquia Luz de América de este cantón, un sector que es considerado como el portón de entrada a la Provincia, por la riqueza de su tierra, ha sido el nido de varias empresas productoras de alimentos además que es la zona de mayor producción de papaya, fruta exótica exportada desde aquí. Es por esto que los habitantes de esta parroquia en su gran mayoría, se dedican a la agricultura y también a la ganadería lo cual ha sido la motivación para que varios emprendedores de la zona fortalezcan esta actividad con su trabajo, experiencia y esfuerzo.
Jonny es un hombre que desde niño aprendió con sus padres a criar animales de todo tipo, su ayuda era esencial para que sus padres cumplieran a cabalidad el trabajo que realizaban para tener el sustento diario en casa. Desde hace 2 años ejerce independientemente el trabajo de criar cerdos y patos para su posterior venta, Jonny está pendiente del alimento, salud, estadía de sus animales para que luego éstos se vendan en un buen precio en el mercado, estas tareas le llevan desde 8 horas cada día en distintos horarios dependiendo de las necesidades de los animales y las condiciones del clima. Jonny ha visto la necesidad de ampliar y adecuar los galpones en donde permanecen sus animales para lo cual ha solicitado un préstamo con el que además comprará balanceado al por mayor para obtener un mejor precio con su proveedor. Jonny ha tenido dificultad para obtener créditos anteriormente en varias instituciones financieras por vivir en una parroquia rural a varios kilómetros de la ciudad lo que le impedía ser atendido por la dificultad para los ejecutivos de crédito de llegar hasta su hogar. Gracias a Fundación Alternativa, esta barrera ha sido superada, pues preocupados justamente por las personas del sector rural y a través de Kiva hoy por hoy Jonny puede recibir el apoyo que necesita para crecer como un microempresario, sueño en el cual muchos de ustedes formarán parte!!...

Additional Information

More information about this loan



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
  • 56
    View loans »
    Ecuador Loans Fundraising
  • $23,495,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Jonny Eduardo to upgrade his livestock sheds and to pay for animal feed.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 19, 2013