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Luis Alfredo
Luis is a 48-year old man. He was born in Colombia, but he left in search of opportunities and personal security. He is married to 41-year old Amalia, who focuses on household chores and the care of their 9- and 12-year old children. Luis now lives in Pacto, a parish of the Quito canton, situated in the province of Pichincha in the Republic of Ecuador.

Pacto is situated in the northwest of the Metropolitan District of Quito. Its history begins in the pre-Incan period, and its name is derived from the agreements made between important political parties. In terms of its economy, it is a farming and cattle raising region because of its climatic and geographic situation, which also have an effect on the harvests from which produce is obtained from the Costa region as well as the Sierra region.

Its people live day to day from these activities. Although it is far from the city, there are families who have undertaken all types of businesses to meet their needs and those of their community.

For the past 20 years, Luis has made his living planting, harvesting, processing and selling sugarcane and its derivatives, a business he learned when he was a private employee. Later, with the necessary experience, he broke away, and this has been the daily bread for his family for all these years. This is why he works at least 9 hours each day.

Luis comments that one of the most complicated tasks is cutting the trunks of the plant because they are very solid. He carries out this activity on rented land, but he dreams of one day being able to have his own farm, so that he can offer his family a better life. It is in order to realize this dream that Luis is aware that he has to work hard and each day improve his work.

This is why he is applying for a loan, which he will invest in repairing and maintaining his machinery with which he extracts the juice from the sugarcane, with which he later makes sugar and other derivatives. Moreover, this loan will also help him acquire some tools which he needs for harvesting this fruit.

Luis searched many times for ways to obtain financing, but it was not possible. Nevertheless, Fundación Alternativa opened doors for him and he received personalized help, not just from his loan officer but also from Kiva, who give the entrepreneur lots of support. Luis is grateful to the investors who decide to contribute to his business, because it means a lot when people from other countries decide to trust in the dreams of a person like him.
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Luis es un hombre de 48 años, nació en Colombia pero salió en busca de oportunidades y seguridad personal, está casado con Amalia de 41 años quien se dedica a los quehaceres del hogar y al cuidado de sus hijos de 12 y 9 años. Luis ahora vive en el Pacto una parroquia del Cantón Quito ubicado en la Provincia de Pichincha en la República del Ecuador. Pacto está ubicado en el noroccidente del Distrito Metropolitano de Quito, su historia inicia en la época preincaica y su nombre se deriva de acuerdos realizados entre partidos políticos importantes. En cuanto a su economía, es una zona agrícola y ganadera, debido a su situación climática y geográfica, lo cual también produce efecto en las cosechas de las cuales se obtiene productos de la Región Costa como de la Región Sierra. Su gente vive al día a día de estas actividades, aunque es un lugar alejado de la ciudad, existen familias que han emprendido en todo tipo de actividades para cubrir sus necesidades y las de su comunidad.
Luis desde hace 20 años se dedica a la siembra, cosecha, tratado y venta de la caña de azúcar y sus derivados, actividad que la aprendió cuando era empleado particular y luego ya con la experiencia necesaria, se independizó y éste ha sido el sustento para su familia durante todos estos años, es por esto que invierte al menos 9 horas cada día y Luis comenta que una de las tareas más complicadas es cortar los troncos de la planta porque son muy sólidos, esta actividad la realiza en un terreno que es alquilado pero él sueña con un día poder tener su propia finca para así ofrecer a su familia un mejor estilo de vida. Es por esto que para cumplir este sueño Luis es consciente de que debe trabajar duro y cada día mejorar su labor, para lo cual solicita un préstamo que lo invertirá en reparar y dar mantenimiento a la maquinaria que posee con la cual extrae el jugo de la caña con el que luego se elabora el azúcar y algunos derivados extras. Además este préstamo también le ayudará a adquirir algunas herramientas que le hacen falta para la cosecha de este fruto. Luis buscó muchas veces formas de obtener financiamiento, pero no le fue posible, sin embargo Fundación Alternativa le abrió las puertas y recibió el apoyo personalizado no solamente de su ejecutivo de crédito sino también de Kiva quienes apoyan mucho al emprendedor. Luis agradece a los inversionistas que decidan aportar con el negocio de él, pues significa mucho que personas de otros países decidan confiar en los sueños de una persona como él.

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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,854,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Luis Alfredo to repair and buy tools and machinery for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014