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Jaime Oswaldo
Jaime is 32 years old and grew up in a home with few financial resources. They always supported him but he was only able to pay for primary school. With that knowledge, he was able to get ahead and succeed in his field. He is married to Rosa, who is 30 years old, and takes cares of their home. They have two children who are 13 and 11 years old who are studying at the public high school. They hope to give them the opportunity to study that they did not have.

Jaime and his family live in Latacunga, the capital of the Cotopaxi province, which is one of the provinces that form part of the Sierra region in Ecuador. In the last few years it has developed and is considered one of the most important in the region thanks to the flower, mineral, metallurgy, agro-industry, farming, and livestock industries. In addition, there are businesses that generate interesting income that make it a commercial city with various opportunities to get ahead. Although there is a high level of poverty, the entrepreneurial spirit of the inhabitants have made it a city that stands out. In the rural and urban areas, it is possible to find families using their talents to undertake an idea that can generate profits to support their daily expenses.

Jaime has worked for six years as a carpenter. Together with his wife, they attend the business and work between six and eight hours a day. With the passage of time, he has succeeded in finding customers who always look for a well-finished product. When he started his business, it was difficult to trust him since he was very young. Jaime dreams of having his own furniture factory. Every day he makes an effort to improve his work so that he can gain more customers and more experience. One of the obstacles he has overcome is the difficulty in obtaining a loan that will allow him to acquire the necessary wood and working tools at wholesale. This is why he has requested a loan to purchase wood and carpentry materials that will allow him to produce more and better products with more efficiency so that he can become well-known for his work.

Jaime is grateful to Fundacion Alternativa for opening their doors with trust and training so that he can grow his business. He is encouraged by the people who are supporting him through Kiva so that he can achieve his dreams and provide his family with a better way of life.
View original language description ↓
Jaime es un hombre de 32 años, creció en un hogar de escasos recursos económicos, siempre le apoyaron, pero solo pudieron pagarle la escuela primaria, con cuyos conocimientos salió adelante y se defiende en su área. Está casado con Rosa de 30 años que trabaja realizando los quehaceres domésticos de su hogar, tienen 2 hijos de 13 y 11 años que se encuentran estudiando en un colegio público, y a quienes esperan darles la oportunidad de estudiar que ellos no tuvieron. Jaime con su familia viven en Latacunga capital de la provincia de Cotopaxi, una de las provincias que forma parte de la Región Sierra del Ecuador y que los últimos años se ha desarrollado notablemente de tal forma que es considerada una de las más importantes de la región gracias a la industria florícola, minera, metalúrgica, agroindustria, agrícola y ganadera. Además existen establecimientos de negocios que generan interesantes ingresos lo que le convierte en una ciudad comercial y con varias oportunidades para salir adelante. Aunque hay un alto índice de pobreza el espíritu emprendedor de sus habitantes ha hecho que la ciudad sobresalga. En el sector rural y urbano se puede encontrar familias destacando sus talentos para emprender con alguna idea que les pueda generar rentabilidad para conseguir el sustento diario.
Jaime desde hace 6 años emprendió con su carpintería que juntamente con su esposa la atienden y a la que dedica entre 6 y 8 horas diarias, con el paso del tiempo ha logrado conseguir clientes que siempre le buscan por entregar un producto terminado de calidad, sin embargo cuando empezó su negocio fue difícil que confiaran en él por ser muy joven. Jaime sueña con tener un día su propia fábrica de muebles, es por esto que cada día se esfuerza más para mejorar su trabajo y así conseguir más clientes y también más experiencia pero uno de los obstáculos que ha atravesado es la dificultad para conseguir un crédito que le permita adquirir la madera necesaria y las herramientas para trabajar al por mayor, es por eso que ahora solicita un préstamo el cual lo utilizará en la compra de madera y materiales de carpintería que le permitan producir más y mejores productos con mayor eficacia y así lograr reconocimiento por su trabajo. Jaime agradece a Fundación Alternativa por abrirle las puertas con confianza y además capacitación para poder dar este de crecimiento en su negocio y además motiva a quienes a través de Kiva están aportando para que sus sueños se cumplan y así él pueda brindar a su familia un mejor estilo de vida.

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
  • 19
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Jaime Oswaldo to purchase wood and carpentry materials.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014