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Elvia Maria
Elvia is 66 years old, and has been working since she was a young girl. She did not have access to secondary education, and decided to seek a means of providing for her own livelihood. She is married to Segundo, a farmer who is 71 years old. They formed a home together when they were young. Elvia lives with her husband and their daughter, who contributes to the home expenses. They live in the canton of Salcedo, located in the western part of Cotopaxi, one of the most important provinces of the mountain area of Ecuador. In Salcedo, there are various tourist attractions, like lagoons and spas, and they also offer extreme sports for adventurous tourists.

However, the main activity of the area is agriculture and, to a lesser extent, raising livestock. The agricultural products that are marketed the most in this area are seeds and grains like peas, beans, lentils, broad beans, and different types of fruits and vegetables. Milk and its derivatives are first dispersed internally, and the surplus is sent to the coastal region as processed products. Raising animals is also favorable in this town due to the pleasant climate. Despite these productive activities, there are worrying rates of illiteracy and poverty due to lack of basic needs, like a sewage system; only 25% of homes in this area have one.

For thirty years, Elvia has made a living raising domestic animals like guinea pigs, pigs, rabbits, chickens, quails, etc. She also grows tree tomatoes. She likes this work, and spends ten hours every day working while also performing household chores. Elvia has sufficient experience to grow her business little by little. However, the lack of financing opportunities has prevented her from supplying her business as she would like.

For this reason, she is now requesting a loan. She will buy at least one of each type of animal in order to increase her profits and thereby be able to contribute some money to the home expenses. She will also be able to have savings in order to cover health costs related to caring for herself as she gets older.

Elvia thanks the Fundación Alternativa for the opportunity they have offered her to give her business new growth, and for encouraging the Kiva investors to continue supporting the projects and efforts of the people of Latin America and the world.
View original language description ↓
Elvia es una mujer de 66 años, trabajadora desde que era una niña, pues al no poder tener acceso a la educación secundaria, se dedicó a buscar el sustento por cuenta propia. Está casada con Segundo un agricultor de 71 años con quien formaron un hogar siendo muy jóvenes. Elvia vive con su esposo y su hija quien aporta para los gastos del hogar. Viven en el Cantón de Salcedo ubicado en la parte Oriente de Cotopaxi una de las provincias más importantes de la Sierra ecuatoriana. En Salcedo existen varios atractivos turísticos como lagunas y balnearios que ofrecen deportes extremos para sus turistas aventureros, sin embargo la principal actividad que desarrollan en este pueblo es la agricultura y en menor cuantía la ganadería. Los productos agrícolas más comercializados son granos como arveja, fréjol, lenteja, haba y también varias frutas y verduras. La producción de leche y sus derivados abastece la distribución interna y el excedente se envía a la Región Costa en productos ya procesados. La crianza de animales es también muy favorable por el clima agradable del que se goza en el Cantón. A pesar de estas actividades productivas, hay índices muy preocupantes de analfabetismo y de pobreza por necesidades básicas insatisfechas como por ejemplo el servicio de alcantarillado que solo lo tienen el 25% de los hogares.
Elvia se dedica desde hace 30 años a la crianza de animales domésticos como cuyes, cerdos conejos, pollos, codornices, etc y además a la producción de tomate de árbol. Es un trabajo que le gusta mucho y por lo cual le dedica hasta 10 horas cada día, paralelamente a los quehaceres domésticos en su hogar. Elvia ha adquirido la suficiente experiencia para paso a paso llevar su negocio hacia el crecimiento, sin embargo la falta de oportunidades de financiamiento no le han permitido surtir su negocio como ella quisiera, es por esto que ahora solicita un crédito con el cual comprará al menos un animal de cada tipo para incrementar sus utilidades y así poder aportar con los gastos de su hogar y tener un ahorro conveniente para los gastos de salud que implican el cuidado a su edad. Elvia agradece a Fundación Alternativa por la oportunidad que le brindan de dar un nuevo paso de crecimiento en su negocio y motiva a los inversionistas de Kiva a seguir apoyando el emprendimiento y esfuerzo de las personas de América Latina y el mundo.

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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.

About Ecuador

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,524,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped Elvia Maria to increase her supply of animals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014