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Edgar Eulogio
Edgar, 38, learned to work when he was a child as his family had limited resources and he could not continue his education after primary school. A few years ago he decided to marry his partner Gloria, a 33 year old kitchen assistant. With this woman, Edgar has created a home with four children who are all studying at the public school and Edgar hopes to give them the opportunities that he never had to study until they are professionals.

Edgar and his family live in the Río Verde de Santo Domingo parish, the capital of the Santo Domingo de los Tsáchilas province. A province of Ecuador that in recent years has sustained a high level of growth. Its capital is a city that names delicious fruits and gastronomy as its most attractive and appealing offerings. It also counts on a considerable commerce as it has become a gateway of commercial exchange between the desert and coastal regions of the country. It also counts on various tourist attractions that along with the warn climate mean it is often frequented by domestic and foreign tourists. It is for this reason that the majority of its residents have set up some kind of commercial activity or service for residents and tourists.

Edgar has been working independently for 4 years, growing pigs and later selling them. He started working in this trade to earn supplementary income for his work. Now he dedicates more time to it, however, it is a business that is saturated as many residents in the area sell animals for a living. Edgar has customers who look for him as he gives good care to the animals and sells them for a fair price.

Previously, Edgar was part of a group that obtained a loan from Fundación Alternativa, on this occasion he is requesting a loan independently to buy pigs and chickens so that he can grow his business and earn better profits to allow him to give his family a better quality of life. Edgar asserts that the first time he worked with Fundación Alternativa, he felt much safer and felt supported and by the institution through the consultant in charge of their account who gave him lots of advice on how to run his business.
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Edgar es un hombre de 38 años, aprendió a trabajar desde que era niño, pues los recursos de su familia eran limitados y él no pudo continuar sus estudios después de la primaria. Hace algunos años decidió unirse con su pareja Gloria que tiene 33 años y es ayudante de cocina en un restaurant, con esta mujer Edgar ha formado un hogar con cuatro hijos preciosos quienes estudian en la escuela pública y Edgar espera darles la oportunidad que él no tuvo de culminar sus estudios hasta que sean profesionales. Edgar vive con su familia en la Parroquia de Río Verde 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.
Edgar trabaja independientemente desde hace 4 años en la crianza de cerdos para su posterior comercialización, empezó a trabajar en esta labor para conseguir ingresos adicionales a su trabajo, ahora se dedica más tiempo, sin embargo, es un negocio que está saturado ya que muchos habitantes de la zona se dedican a la venta de animales, pero Edgar tiene clientes que le buscan por el buen cuidado que le da a los animales y los precios justos a los que vende. En una anterior ocasión Edgar formó parte de un grupo con el que obtuvieron un crédito en Fundación Alternativa, en esta ocasión solicita un préstamo de forma independiente que lo invertirá en la compra de cerdos y también pollos para así incrementar su negocio y obtener mejores utilidades que le permitan brindar a su familia un mejor estilo de vida. Edgar afirma que la primera vez que trabajó con Fundación Alternativa sintió mucha seguridad y se sintió respaldado por la institución a través de la asesoría de su ejecutivo de cuenta que le ha ayudado mucho con consejos de cómo administrar su negocio.

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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.

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About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,419,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Edgar Eulogio to buy pigs and chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014