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Javier Libardo
Javier, 35, is married to Jenny, who is the same age. She is responsible for the household duties. Javier is a salesman who has performed very well in his job, despite having only a secondary school education. He has one son who is not studying yet and is under the care of his mother, Jenny. This man works very hard to provide for his family, although his health is constantly deteriorating.

He currently lives in Parroquia de Río Verde, a historic area of Santo Domingo, the capital of the province of Santo Domingo de los Tsáchilas. This province of Ecuador has experienced sustained high growth during the past several years. The capital city's delicious fruits and local gastronomy are its most attractive and appealing offers. It also has a significant trade presence, as it has become an onshore "port" between the country's Sierra and Costa regions. It also has several tourist attractions which, along with the temperate climate, are very popular among domestic and foreign tourists. Therefore, the majority of inhabitants have started up some kind of business activity or work in services for inhabitants and tourists.

For three years, Javier has worked in sales, selling home goods such as tubs, blankets, carpets, toasters, etc. He sells these products as a traveling salesman. He learned about the business from a friend, and he invests at least 8 hours per day in his business during the work week. Currently, his main goal is expanding his business to new areas of the province. Therefore, he needs to buy new products, which is why he has applied for a loan which will allow him to expand his business. He will then be able to achieve his dream of establishing a business property where his clients can visit him and find everything they need. He will also be able to spend more time with his family and his health will improve. Javier found meaningful support in Fundación Alternativa, because he was not accepted for a loan in any other place. At Fundación Alternativa, this was possible thanks to Kiva.
View original language description ↓
Javier es un hombre de 35 años, casado con Jenny de su misma edad quien realiza quehaceres domésticos, Javier es comerciante y ha desempeñado muy bien su trabajo a pesar de haber cursado solamente la instrucción secundaria. Tiene un hijo que aún no estudia y está al cuidado de su madre Jenny. Este hombre se esfuerza por siempre llevar el sustento a su familia a pesar de que su salud se vea deteriorada cada vez. Él vive actualmente en 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. Es por esto que la mayoría de sus habitantes han emprendido con alguna actividad comercial o de servicios para habitantes y turistas.
Javier desde hace 3 años se dedica a la compra – venta de artículos para el hogar como tinas, cobijas, alfombras, tostadoras, etc. Es un trabajo que lo realiza de forma ambulante y lo aprendió de un amigo e invierte al menos 8 horas cada día de la semana laboral. El objetivo principal que ahora tiene es extender su negocio hacia nuevas zonas de la provincia para lo cual necesita comprar nuevos productos y es por esto que está solicitando un préstamo que le permitirá ampliar su negocio y así podrá un día hacer realidad su sueño de establecer en un local fijo donde sus clientes le busquen y puedan encontrar todo lo que necesitan, además así podrá pasar más tiempo con su familia y su salud mejorará. Javier encontró en Fundación Alternativa un apoyo muy significativo para él, pues en ningún otro lugar aceptaron su petición de crédito y en la Fundación pudo ser posible gracias al producto Kiva.

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

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,089,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Javier Libardo to buy home goods and expand his distribution area.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013