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Grandes Comerciantes Group
In this Group: Maria Georgina, Maria Carmen , Jaime Anibal, Carmen Marlene
María, 51, has gotten ahead despite various obstacles that have arisen in her life. Despite her wish of becoming a professional, she was only able to finish secondary school. She separated from her husband and this was a very difficult obstacle to overcome. Because she lives alone she never had children. She lives in Chigüilpe Parish, 15 minutes from the center of Santo Domingo, capital city of Santo Domingo de los Tsáchilas Province, a very commercially active place that’s become a land port of exchange between the mountain and coastal regions of Ecuador.

This parish has several cement dwellings and others that are a blend of wood and cement. It has a river that’s very popular with tourists and residents partake of various sports while also having the opportunity of learning about the Tsáchila culture through sharing legends and storytelling around campfires. Santo Domingo is the third most populous city in the region and also has agriculture, animal husbandry, fishing and manufacturing since it’s become a place for commercial interchange between the country’s mountain and coast regions.

María leads the “Grandes Comerciantes” (Great Merchants) group, a group of four persons who joined together seeking the same goal: to find support to improve and grow in businesses they started some years ago to improve their and their families’ quality of life.

María sells fruit and vegetables in a small space set aside at home. She started this activity ten years ago because she needed to contribute towards household expenses. She now must cover her needs and all household expenses like utilities, occasional repairs, etc. by herself. This enterprising woman needs a loan to buy a larger variety of fruit and vegetables to increase income to help her have a better quality of life.

Her enterprising friends like her, Karen, Jaime and Carmen, carry out a variety of activities. Karen, 19, is single and has a son attending school. She sells cosmetics from place to place and needs to buy products that are on special sale to get better prices. Jaime, like María, sells fruit and vegetables and wants to buy seasonal fruit to increase sales. Carmen has two children. She sells shoes and casual clothes. She will invest in a wider variety of products.

These people have faced business growth obstacles due to lack of capital and credit opportunities. In order to reach their objective now, they called on a branch office Fundación Alternativa has in Santo Domingo where they were met with trust and flexibility. The members of this group have hard work and effort they do daily in common and none of them have ever given up because the personal and family motivation the group has in common is hard, dedicated work they do every day to reach their dreams.
View original language description ↓
María es una mujer de 51 años, ha salido adelante a pesar de varios obstáculos que se presentaron en su vida. A pesar de su deseo de ser una profesional, ella sólo alcanzó a terminar sus estudios de instrucción secundaria. Se separó de su esposo y fue un obstáculo muy difícil de sobrellevar, no tuvo la oportunidad de tener hijos por lo que ella vive sola. Vive en la Parroquia de Chigüilpe a 15 minutos del centro de Santo Domingo la ciudad capital de la Provincia de Santo Domingo de los Tsáchilas, un lugar que tiene un comercio muy activo ya que se ha convertido en un puerto terrestre de intercambio entre sierra y costa de Ecuador. Esta parroquia tiene varias viviendas de cemento y mixtas de madera con cemento. Tiene un río que es muy visitado y en donde los turistas y habitantes practican varios deportes y además tienen la oportunidad de conocer una cultura tsáchila que suele contar sus leyendas a los visitantes en medio de una fogata y camping. Santo Domingo que es la tercera ciudad más habitada de la región, también contribuye con actividades como la agricultura, ganadería, pesca y manufactura, ya que se ha convertido en un puerto terrestre de intercambio comercial entre las regiones Sierra y Costa del país.
María lidera el Grupo “Grandes Comerciantes”, un grupo de 4 personas que se unieron tras el mismo objetivo; buscar apoyo para mejorar y crecer con el negocio que emprendieron hace algunos años para mejorar su calidad de vida y la de sus familias.
María se dedica a la comercialización de frutas y verduras en un pequeño espacio de su casa. Ella emprendió con esta actividad desde hace 10 años ya que era necesario aportar con los gastos de la casa. Ahora tiene que sustentar sola sus necesidades y todos los gastos del hogar como son servicios básicos, arreglos eventuales, etc. Esta mujer emprendedora requiere el crédito para comprar mayor variedad de frutas y verduras y así incrementar sus ingresos que le ayudarán a tener una mejor calidad de vida.
Sus amigos emprendedores como ella; Karen, Jaime y Carmen se dedican a diferentes actividades. Karen es una joven de 19 años, es soltera y tiene un hijo que se está educando, ella se dedica a la venta de cosméticos de forma ambulante y requiere comprar productos de promoción para obtener mejores precios. Jaime al igual que María se dedica a la venta de frutas y verduras y desea invertir en la compra de frutas de temporada para incrementar sus ventas. Carmen tiene 2 hijos, se dedica a la venta de calzado y ropa casual. Invertirá en la compra de mayor variedad de productos. Estas personas se han encontrado con obstáculos para el crecimiento en sus negocios debido a la falta de capital y oportunidades de créditos, ahora para lograr este objetivo acudieron a la sucursal que Fundación Alternativa tiene en Santo Domingo y en donde les brindaron agilidad y confianza. Los integrantes de este grupo tienen en común el trabajo duro y esforzado que realizan cada día y que sin embargo nada 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
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,578,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Grandes Comerciantes Group's $3,500 loan helped a member to buy fruit and vegetables.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2014