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Jose Wilson
José, 31, lives in the town of Santo Domingo and is recently divorced from his wife. He has two children who he must support and educate so they can become professionals one day. He was unable to study because his parents could only afford an elementary education.

José lives exactly in the Río Verde Parish and is known among his neighbors as an honest, hard-working person. He has several years' experience as a merchant and salesman and has worked in different businesses in the city since he was very young.

Taking advantage of the fact that Santo Domingo is the port that joins the Coastal Region and the Sierra of Ecuador, locals have established all kinds of businesses to support their families. Such is the case of José who began his business six years ago. He opened a grocery store selling basic goods, in a strategic location, near schools, homes and parks where his customers are children, youth and adults who buy different items.

He is requesting his second loan through Fundación Alternativa, where they have given him the confidence and facilities he needs to grow his business. He will use this loan to buy a variety of products to stock his store and satisfy customer demand. With this step toward business expansion, José is proving that he is able to get ahead despite having an incomplete education. José wants to be successful and become popular in the city among neighbors and local people, so he will earn more income and improve his family's economic situation.
View original language description ↓
En el municipio de Santo Domingo, vive José, un hombre de 31 años, se separó hace poco de su esposa con quien tuvo 2 hijos y a quienes tiene el deber de mantener y darles sus estudios para que un día se conviertan en profesionales y obtengan el título que él nunca pudo tener debido a que los reducidos recursos económicos de sus padres solo alcanzaron para que José termine la primaria.
Don José reside exactamente en la Parroquia de Río Verde y es conocido por sus vecinos como una persona honesta y emprendedora, tiene varios años de experiencia como comerciante y vendedor, ya que trabajó desde muy joven en varios negocios pequeños de la ciudad.
Aprovechando que Santo Domingo es el puerto que une a las Regiones Costa y Sierra del Ecuador, varias personas han establecido negocios de todo tipo para conseguir los ingresos que sirven mantener los gastos del hogar. Es el caso de José que desde hace 6 años emprendió con la venta de víveres y artículos de primera necesidad en su tienda ubicada en un lugar estratégico, cerca de escuelas, hogares y parques donde sus clientes son niños, jóvenes y adultos que compran distintos productos.

Solicita su segundo crédito en Fundación Alternativa, en donde le han brindado la confianza y facilidades que necesita para que su negocio crezca, pues este crédito lo utilizará en productos surtidos y de todo tipo en diferentes cantidades para abastecer su tienda y así satisfacer la demanda que tienen sus clientes cuando lo visitan. Con este paso de crecimiento en su negocio, José demuestra que es posible salir adelante a pesar de lo que la falta de una educación completa implique. José espera superarse, que su negocio sea conocido en toda la ciudad, los vecinos y habitantes de la zona para que sus ingresos mejoren y con ello, el nivel económico de su familia.

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.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Jose Wilson to buy more products to expand his grocery store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014