Check out some available loans that are similar to this one!
Segundo Javier
Pastaza is located in the center of the ecuadorian highlands, near the rainforest and in the middle of the countryside. This canton belongs to the province of the same name, which belongs to the Republic of Ecuador's amazonic region. It is an urban area, but the town still preserves its green areas. The city of Puyo is the largest in the canton, located 924 meters above sea level. It is demographically small, but there is a great variety of sites which are preferred tourist destinations for domestic and international visitors, especially those related to ecological activities and extreme sports. The city's economy is growing daily, due to commercial activity, ranching, farming, and tourism. Every opportunity is seized for these activities to support its inhabitants. In every business there are people who have not given up in the face of unemployment and have started their own business ventures in order to earn a decent living and make their dreams come true.

That is the case of Segundo, a young man who at the age of 24 has made a way for himself in order to get ahead. After he finished primary school, he had difficulty finding work, so four years ago, he adapted his land to the production of sugarcane and the raising of pigs to sell. He learned from his parents' example. They always worked hard in this business in order to raise their family and cover their daily needs. Segundo is single, and has high expectations for his future.

He is undoubtedly an enterprising man. He invests ten hours per day in tending to his crops and animals, as well as in cleaning up the pigsties and selling his products. He wants his business to grow so that he can become known in his whole area, which is why he has requested a loan. He will use it to purchase baby pigs so that he can continue with his business, because he must replace the ones that are sold. He will also take another step towards expanding his business, which is to increase his pigsties so that he can offer more animals. Segundo has had a hard time obtaining capital from financial institutions, so he is grateful to Kiva for intervening so that people all over the world are able to live their dreams.
View original language description ↓
En el centro de la Sierra ecuatoriana, cerca de la selva y en medio del campo, se encuentra Pastaza, un cantón ubicado en la Provincia con el mismo nombre, perteneciente a la Región Amazónica de la República del Ecuador. Ciudad que aun conservando espacios verdes, forma parte de la zona urbana de la ciudad. La cabecera cantonal es la ciudad del Puyo con 924 m. sobre el nivel del mar. Es demográficamente pequeña pero tiene una gran variedad de sitios que son los preferidos para turistas nacionales e internacionales sobre todo los de actividades ecológicas y de deportes extremos. Una ciudad que crece económicamente cada día por las actividades de comercio, ganadería, agricultura y turismo, que pretenden aprovechar cada oportunidad para ser el sustento de sus pobladores. En cada negocio se encuentra personas que no se han dado por vencidas frente a la falta de empleo sino que han emprendido con sus ideas de negocio para llevar una vida digna y hacer realidad sus sueños como es el caso de Segundo, un joven que con 24 años de edad ha forjado su camino para salir adelante, él terminó la escuela primaria y es por esto que tuvo dificultades en conseguir empleo. Es soltero y tiene muchas expectativas sobre su futuro.
Segundo desde hace 4 años adecuó su terreno para producir caña de azúcar y criar cerdos para su posterior comercialización. Aprendió con el ejemplo de sus padres quienes siempre esforzados, hicieron esta labor para sacar adelante su familia y tener cada día la cobertura de sus necesidades. Cada día invierte 10 horas en el cuidado de los cultivos y de los animales, además del aseo de los criaderos y la venta de sus productos. Este hombre sin duda emprendedor, quiere que su negocio crezca y así darse a conocer en toda la zona, para lo cual ha solicitado un préstamo que lo utilizará en la compra de cerdos bebés para poder continuar con su negocio, pues tiene que reemplazar los que se han vendido y además dar un paso de crecimiento al negocio aumentando los criaderos para así ofertar más animales. A Segundo se le ha dificultado la obtención de capital en las instituciones financieras, sin embargo agradece a Kiva por su intervención para que varias personas alrededor del mundo puedan formar parte de su sueño.

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

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Segundo Javier to buy baby pigs and expand his pigsties.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 21, 2014