Check out some available loans that are similar to this one!
Angel Ramiro
Angel is a responsible and entrepreneurial person. He is 58 years old, and in spite of only finishing primary school, he has always worked to improve his standard of living. He is single. He has 4 children, all of whom are economically independent and have their own families, but still visit their father periodically. Angel lives alone in Quinindé, a cantón of the province of Esmeraldas, which provides various cities in Ecuador with products such as banana, cacao, coffee, African palm, and forest products. Commerce is the daily work of the majority of the area’s inhabitants. This increased when the roads to the cantón were improved, allowing greater commercial movement, especially on the weekends when merchants of all sorts come out to offer their products in the markets to their potential customers, who usually are rural farmers. Tourism is also an important source of income for this cantón because its natural ecosystem has a great variety of places to visit, such as waterfalls, rivers, and forests which have flowers and animals that adorn this city. In several areas of the province, families dedicate themselves to agriculture. Many times their effort is not appreciated and business pay very low prices for the products their lands produce. Even so, this way of life is always present.

Angel has worked in commerce in various places and he always worked to give his children what they needed. Six years ago, he decided to start his own business selling personal products, such as headbands, brushes, toothpaste, shampoo, conditioner, hair gel, etc. He established his business in a small corridor in his house in the center of the city, and he spends at least 8 hours per day in his store. He has more and more customers as time goes by, though, as with all businesses, there are periods when sales are slow. Angel explains that in this business it is very important to have a good variety of products so that the customers can find everything they need in one place. He has become an expert through experience and empirical knowledge through the years, and now he is prepared to grow his business. In order to do this he is requesting a loan that he will use to buy a variety of perfumes for women, men, and children, which is a product that is in high demand and which, until now, he has not had in his business. Angel hopes that with this addition to his inventory his number of customers will grow and that his income will also grow so that one day he will be able to improve his business’s infrastructure and expand the store.
View original language description ↓
Angel es un hombre responsable y emprendedor, tiene 58 años y a pesar de haber solo aprobado la escuela primaria siempre ha trabajado para mejorar su estilo de vida. Es soltero y tuvo 4 hijos los cuales son independientes y cada uno tiene su familia, sin dejar de visitar a su padre periódicamente. Actualmente Angel vive solo en Quinindé; un cantón de la Provincia de Esmeraldas que provee a varias ciudades del Ecuador productos como banano, cacao, café, palma africana y productos forestales y además el comercio es el trabajo diario de la mayoría de sus habitantes para poder salir adelante y más aún cuando han incrementado las vías para llegar a este cantón lo que ha permitido un gran movimiento comercial en especial los fines de semana en donde salen comerciantes de todo tipo a ofertar sus productos en la feria a sus potenciales clientes que la mayoría de veces suelen ser campesinos. El turismo también es un aporte muy importante para este cantón pues su ecosistema natural tiene mucha variedad de lugares para ser visitados cascadas, ríos de agua dulce, bosques, que tienen flores y animales que adornan esta ciudad. En varios sectores de esta provincia, residen familias que se dedican a la agricultura, y muchas veces su esfuerzo no es valorado, pues las empresas pagan costos muy bajos por los frutos que sus tierras producen, sin embargo, el sustento siempre está presente.
Angel se ha dedicado al comercio en varias áreas y ha trabajado por siempre dar a sus hijos lo que necesitaban, hace 6 años decidió emprender independientemente con un negocio de venta de artículos para uso personal, como vinchas, cepillo y pastas dentales, shampoo, rinse, gel, etc. Este negocio lo ha establecido en un pequeño pasillo de su casa en el centro de la ciudad e invierte al menos 8 horas cada día en su local y sus clientes son cada vez más con el paso del tiempo, aunque como en todo negocio existen temporadas en las que las ventas son muy bajas. Angel afirma que en este negocio es muy importante contar con la variedad de productos, pues así los clientes podrán encontrar todo lo que necesitan en el mismo lugar. Este hombre que se ha convertido en un experto por la experiencia y conociiento empíricos a lo largo de los años, está preparado para crecer con su negocio para lo cual solicita un préstamo que lo invertirá en la adquisición de perfumes variados para damas, caballeros y niños que es un producto de alta demanda y con el que hasta el momento no lo ha tenido en su negocio. Angel espera que con este incremento de surtido, sus clientes sean más y por lo tanto sus utilidades se incrementen para de esta forma un día poder mejorar la infraestructura de su negocio y ampliar el local.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Angel Ramiro to buy perfumes for women, men, and children.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 19, 2013