Check out some available loans that are similar to this one!
Kerly Mishell
Kerly is a young woman, hardly 18 years old, who has just finished her secondary education in public school. Paying for university studies wasn’t possible, so she decided to support herself by setting up a store in the neighborhood where she lives. She has enough merchandise to win over some customers in the area.

Kerly lives in the Río Verde parish in Santo Domingo, which is the capital city of the Santo Domingo de los Tsáchilas province. This province in Ecuador has had a high level of sustained growth in recent years. The capital city’s most attractive features are its delicious fruits and its local cuisine. It also has a considerable amount of trade since it has become an inland port for trade between the mountainous and coastal regions of the country. In addition, it has many tourist attractions that, coupled with its warm climate, are very busy with both national and international tourists. Because of this, most of the inhabitants have set up commercial businesses or services for inhabitants and tourists.

Kerly has requested a loan from the Fundación Alternativa to be able to purchase a waffle iron and a blender that would allow her to offer more products in her business. People that don’t have time to eat breakfast at home can come by Kerly’s business to have juice or a delicious sandwich prepared with the waffle iron. A lot of financial institutions have closed their doors to the possibility of giving her a loan to finance the growing of her business. Nevertheless, Kerly has not given up. Looking to improve her quality of life, including in the future taking up her studies again, she has found the Fundación Alternativa. Thanks to Kiva, the foundation involves many people around the world and supports her dreams without putting many obstacles in the way. For Kerly it is very important that her business grow so that her life can improve and so she can take advantage of the entrepreneurial spirit that characterizes the people of Santo Domingo.
View original language description ↓
Kerly es una jovencita de apenas 18 años, terminó los estudios de la escuela secundaria en un plantel de educación pública. No tuvo posibilidad de pagar sus estudios universitarios, por lo que decidió autosustentarse instalando una tienda en el barrio donde vive con surtido suficiente para ganar varios clientes de la zona. Kerly vive en la Parroquia de Río Verde de 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.
Kerly ha solicitado un préstamo a Fundación Alternativa para poder comprar una waflera y licuadora que le ayudarán a ofrecer otros productos en su negocio para aquellas personas que no les quedó tiempo para desayunar en casa y puedan pasar por el negocio de Kerly sirviéndose un jugo o un delicioso sanduche preparado en waflera. En muchas instituciones financieras se cerraron las puertas para obtener un crédito y poder financiar este crecimiento de su negocio, sin embargo, Kerly no se ha dado por vencida y en busca de mejorar su estilo de vida e incluso en un futuro retomar sus estudios, ha encontrado una institución que gracias a la intervención de Kiva puede apoyarle en sus sueños sin poner muchas trabas y haciendo partícipes a varias personas alrededor del mundo. Para Kerly es muy importante que su negocio crezca para que su vida mejore y también pueda aprovechar el espíritu emprendedor muy característico de los habitantes de Santo Domingo.

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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Kerly Mishell purchase a waffle iron and a blender to offer new kinds of food in her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013