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Martha Elizabeth
Martha, 27, lives in the municipality of Santo Domingo. She is a single mother of three children that go to a state-run school. Her main motivation is to give them a good education so that they can become professionals and receive a degree, something she could not do herself because her parents lacked the resources to support her studies after primary school.

Martha lives in Parroquia de Río Verde, a historical site in Santo Domingo, which is the capital city of the Santo Domingo de los Tsáchilas province, in Ecuador. This province has grown steadily during the last few years. Its capital city is well-known for its fruits and cuisine. It also has important commercial activities and has become an important hub for commercial exchange between the mountain and coastal areas of the country. It also has numerous touristic sites that together with its warm climate attract local and foreign tourists.

Taking advantage of Santo Domingo’s location between the mountains and the coast, people has started all kinds of businesses in order to make a living and support their families. This is Martha’s case, who, with the intention to cover her home’s expenses, decided to start selling clothes as a street vendor two years ago. She learned this activity from her previous jobs and works at least four hours per day, since she also has to cook for her three children and help them with their homework.

Martha has to walk her city’s long streets, taking and delivering orders, collecting the money and offering the clothes she has in stock. This is why she decided to improve her working tools and buy a motorcycle with the first loan she receives from Fundación Alternativa. With a motorcycle, Martha will be able to shorten her travelling time and reach more customers. This will result in an increase in her income and a better support for her children. Martha wants to thank each and every person that, wherever in the world they might be, decided to join her through Kiva in this quest for growth.
View original language description ↓
En el municipio de Santo Domingo, vive Martha, una mujer de 27 años, madre soltera de 3 pequeños que estudian en una escuela fiscal, su motivación de cada día es mantener y darles sus estudios para que un día se conviertan en profesionales y obtengan el título que ella nunca pudo tener debido a que los reducidos recursos económicos de sus padres solo alcanzaron para que ella termine la primaria.
Martha reside exactamente en la Parroquia de Río Verde un lugar histórico 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.
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. Éste es el caso de Martha que en busca de cubrir las necesidades de su hogar decidió emprender con la venta ambulante de ropa casual desde hace 2 años, actividad que la aprendió en anteriores trabajos; invierte al menos 4 horas al día, pues también debe estar pendiente de alimentar y ayudar en las tareas a sus 3 hijos. Ella debe recorrer las largas calles de su ciudad tomando y entregando pedidos, cobrando y ofreciendo la ropa que mantiene en stock, es por esto que Martha ha decidido mejorar sus herramientas de trabajo comprando una moto lo cual hará con el primer crédito que obtenga de Fundación Alternativa. Con su moto Martha podrá trasladarse en menor tiempo hacia sus clientes y podrá atender mayor número de clientes, lo cual aumentará sus ingresos y así podrá atender las necesidades de sus hijos. Martha agradece a cada persona que en cualquier parte del mundo, a través de Kiva, decida apostar junto con ella por su crecimiento laboral.

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
  • 15
    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 $1,600 helped Martha Elizabeth to buy a motorcycle to deliver her merchandise to her customers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2014