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Maria Alicia
María is a 69-year-old woman who is married to Carlos, age 68. Her husband is retired and receives a monthly pension from the government, which helps to sustain their household. They have eight children and each one lives independently. María dreams of finishing her house, which is in the process of construction. She and her husband live in Los Bancos, a canton within Pichincha Province, which is one of the largest provinces in the Republic of Ecuador. This canton is located a few kilometers from the city of Quito, which has several tourist attractions such as waterfalls, rivers, trails, and spas. Another attraction is the adventures sports in which tourists can participate with guaranteed safety.


Seeing the needs of her family, María decided to help with the household expenses 10 years ago. She established her food stall in the middle of a busy street where she sells bananas and roasted corn, products that are in great demand among the people who pass by. María also sells “mapahuira” (the pieces of fat that are rendered after frying pork), which is a popular afternoon snack. She works 11 hours each day at her business, which enables her to buy what she needs at the market for preparing “mapahuira”. María must also carry her implements to her food stall because she does want them to deteriorate on the days when the weather does not provide the best conditions.


She is receiving her first loan from Fundación Alternativa. The money will be invested in various repairs to her food stand so that she can be protected whenever the weather changes. In addition, she will be able to make her customers more comfortable.

View original language description ↓
María es una mujer de 69 años, está casada con Carlos 68 años, él es jubilado y recibe su respectiva mensualidad del gobierno con la que se ayuda para llevar el sustento a su hogar. Ellos tuvieron 8 hijos cada uno de los cuales lleva una vida independiente. Ella sueña con poder terminar su casa que aún está en proceso de construcción. María vive con su esposo en Los Bancos un cantón de la Provincia de Pichincha, una de las provincias más grandes en la República del Ecuador. Este cantón se encuentra a pocos kilómetros de la ciudad de Quito, posee varios atractivos turísticos como cascadas, ríos, senderos, balnearios en donde el turista es atraído por los deportes de aventura que se venden allí con seguridad garantizada.
María al ver la necesidad en su hogar, decidió aportar para el gasto de la casa desde hace 10 años, pues emprendió ubicando en medio de una calle concurrida un puesto de comida en donde vende plátanos y choclos asados, un producto muy demandado por las personas que transitan por esta calle, que servido con “mapahuira” (grasa que brota de sofreír el cerdo), representa un delicioso aperitivo para las tardes. Ella dedica hasta 11 horas cada día en su negocio pues debe comprar lo necesario en el mercado, preparar la “mapahuira” y llevar todos los implementos hacia su puesto de trabajo el cual al estar a la intemperie provoca pérdidas los días que el clima no está en sus mejores condiciones. María realiza su primer crédito en Fundación Alternativa el cual lo invertirá en hacer varios arreglos a su puesto de comida para protegerlo de los cambios climáticos y además dar más confort a sus clientes.

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
  • 25
    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 $1,150 helped Maria Alicia to make physical improvements to her food stall.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2014