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Jorge Raul
Jorge is a 56-year-old man, a born entrepreneur. He finished his secondary education at a technical school where he learned a lot about industrial mechanics.

Jorge has two children, 23 and 13 years old, from a marriage he had for many years, but because of adverse circumstances, ended and is something he is still trying to get over. Now Jorge lives with his parents, Jorge and Teresa, 84 and 83 years old, respectively. They work as farmers on the land around the home. Jorge lives in Latacunga, a city in the Ecuadorian Sierra that has grown considerably over the past years, as much in infrastructure and population as in economic activities that have strengthened the city's progress.

Since he was very young, Jorge worked in several shops where he was able to grow his knowledge of industrial mechanics and gain experience in that area. Thanks to the opportunity that his bosses gave him, he grew in this career. Because of this, it has been five years since he opened his shop where he works between eight and 10 hours a day but still does not have enough customers to be able to pay for necessary expenses.

At the same time that Jorge is working in his shop, he is always looking out for his crops on the land because farming, ranching, and field work are his other favorite activities because he learned them when he was young and has never stopped doing them. For this reason, Jorge is requesting a loan that he has decided to use to purchase cattle to raise and later sell. In this way, he will be able to have additional revenues that will help him pay for household expenses, help his parents with healthcare costs, and also provide his children with what they need to move forward.
View original language description ↓
Jorge es un hombre de 56 años, emprendedor por naturaleza, terminó la educación secundaria en un colegio técnico en donde adquirió muchos conocimientos sobre mecánica industrial.
Jorge tiene 2 hijos de 23 y 13 años, fruto del matrimonio que mantuvo por muchos años, pero por circunstancias adversas terminó y es algo que él aún está tratando de superar. Ahora Jorge vive con sus padres Jorge y Teresa de 84 y 83 años respectivamente quienes trabajan como agricultores en el terreno de la casa. Jorge vive en Latacunga una ciudad de la Sierra ecuatoriana que ha crecido considerablemente en los últimos años, tanto en infraestructura y población como en actividades económicas que han fortalecido el avance de la ciudad.
Jorge trabajó desde muy joven en varios talleres en donde podía fortalecer sus conocimientos de la mecánica industrial y ganar experiencia en esta área. Gracias a la oportunidad que le dieron sus jefes, él creció en este ámbito laboral, por lo cual desde hace 5 años emprendió con su taller en el cual trabaja entre 8 y 10 horas cada día pero aún no tiene el suficiente número de clientes que le permitan cubrir sus necesidades.
Al mismo tiempo que Jorge atiende su taller, él está siempre pendiente de los cultivos que están en el terreno, pues la agricultura, ganadería y labores de campo es otra de sus actividades favoritas porque la aprendió desde que era niño y nunca ha dejado de ejercer. Por esta razón Jorge está solicitando un préstamo con el cual ha decidido invertir en la compra de ganado para la crianza y posterior comercialización, de esta forma podrá tener ingresos adicionales que le ayuden a solventar los gastos en su casa, ayudar a sus padres con gastos de salud y además proveer a sus hijos lo necesario para que salgan adelante.

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
  • 21
    View loans »
    Ecuador Loans Fundraising
  • $22,604,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,675 helped Jorge Raul purchase cattle to raise and sell.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 28, 2013