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Nelly Maria
Nelly is 61-years old. She is an enterprising and hard-working woman who never let herself get defeated by the lack of opportunities her lack of education put forth. She was able to go to secondary school, but she didn't finish. Nelly married Luis, who is now 67-years old, when she was very young. Luis works separately from Nelly as a store-owner. They had three children together who are now all grown, each with his own obligations and independence. Nelly lives with her husband in Santo Domingo, the inland port that ties the Coastal and Mountainous Regions of Ecuador. Santo Domingo has become one of the country's most important cities because of the high commerce traffic that exists and because of the agricultural and livestock production that is generated there.
By taking advantage of the tourist and business traffic, many of the San Domingueños have established businesses that earn them an income and, in some cases, provide employment for others.
Nelly started her business 25 years ago selling fast food from a sales stall. It was very productive for her and little by little she expanded and improved her business. She works from Monday to Sunday in the evenings and at night, which is when the demand is highest. Her husband helps her and, in addition, she has begun to stock up her business with sweets and a variety of other items to sell from her storefront. With the passage of time, her storefront has become run-down and needs some repairs. That is why Nelly is requesting a loan, with which she will paint and fix-up her storefront so that it is suitable for giving dignified service to her customers. One year ago, Nelly took out a loan from Fundación Alternativa. She invested it in working capital. She was always up to date with her repayment schedule and now, one year later, she is returning to look for assistance so she can earn more customers and see her income increase. This will help her to improve her standard of living and have some money saved for health concerns for herself and her husband. They went through a difficult experience two years ago when her husband fell ill. The costs were very high and almost ruined them financially.
Nelly is grateful to the Kiva lenders, who make is possible for so many dreams to come true around the world.
View original language description ↓
Nelly tiene 61 años, una mujer emprendedora y trabajadora que nunca se ha dado por vencida a pesar de la falta de oportunidades que su falta de preparación le ha generado, pues pudo prepararse hasta la secundaria sin lograr terminarla. Se casó siendo muy joven con Luis de 67 años quien trabaja por cuenta propia como comerciante, tuvieron 3 hijos que ya son adultos y cada uno ha adquirido sus propios compromisos e independencia. Nelly vive con su esposo en la ciudad de Santo Domingo el puerto terrestre que une la Región Costa y Sierra del Ecuador, por lo que la convierte en una de las ciudades más importantes del país por el alto movimiento de comercio que existe y por la producción agrícola y ganadera que se genera allí.
Aprovechando el movimiento de turistas y comerciantes muchos de los San Domingueños han establecido sus negocios que les genere ingresos y en algunos casos generando empleo para otros.
Nelly empezó hace 25 años con un puesto de venta de comida rápida, lo cual le resultó muy productivo y poco a poco ha ido incrementando y mejorando su negocio el cual lo atiende de lunes a domingo en horario de la tarde y noche en donde la demanda es más alta. Recibe ayuda de su esposo y además ha empezado a surtir su negocio con golosinas y artículos para dar variedad a la oferta del local el cual con el paso del tiempo se ha deteriorado y necesita algunos arreglos para lo cual solicita un préstamo con el cual pintará y arreglará el local para que esté adecuado para una atención digna de sus clientes. Hace un año atrás obtuvo un crédito de Fundación Alternativa, lo cual lo invirtió en capital de trabajo, siempre estuvo al día en sus pagos y hoy tras un año, vuelve a buscar el apoyo para que de esta forma ella pueda ganar más clientes y así sus ingresos se incrementen lo que le ayudará a mejorar su estilo de vida y tener una provisión para gastos de salud tanto de ella como su esposo ya que tiene una experiencia difícil que atravesó hace 2 años en donde su esposo cayó enfermo y los gastos fueron muy fuertes al punto de degenerar su economía.
Nelly agradece a los inversionistas de Kiva quienes hacen posibles la realización de tantos sueños alrededor del mundo.

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.

About Ecuador

  • $10,200
    Average annual income
  • 10
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Nelly Maria to paint the storefront where she sells food.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014