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Maria Magdalena
María was born in Latacunga, which belongs to the parish of La Matriz, in the province of Cotopaxi, Republic of Ecuador. She is 43 years old and married to Marco, age 41. She has five children, and they all live together in the family's own house in the city of Latacunga, in the parish of Tanicuchí, a sector highly recognized for its agriculture and dairy production. The neighborhood is called Santa Ana Alto, and they have lived there for 18 years, since with great sacrifice and effort they succeeded in building their house.

Because of the lack of economic resources at the beginning, María had to look for a way to help her husband cover the expenses. For this reason she works raising and selling small animals. María has shown herself to be a hard-working and enterprising woman. With the effort and sacrifice of her parents, she was able to finish secondary school.

She is requesting this loan to invest in buying more animals and some plants. This will help her improve her income. María would like to extend her sincere appreciation and congratulations to the Alternativa Foundation in Ecuador and to Kiva for making possible this growth in her personal and professional life.
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María nació en Latacunga, perteneciente a la parroquia La Matriz, en la provincia de Cotopaxi República del Ecuador tiene 43 años de edad, está casada con Marco de 41 años, tiene cinco hijos, los mismos que viven con ellos, actualmente tienen su casa propia en la ciudad de Latacunga, en la parroquia Tanicuchí, sector muy reconocido por ser una zona agrícola y lechera, el barrio se llama Santa Ana Alto, viven ahí desde hace 18 años, ya que con mucho sacrificio y esfuerzo lograron construirla.
Por la falta de recursos económico en un inicio María tuvo que buscar la manera de solventar y ayudar a su esposo en los gastos, es por esto que se dedica a la crianza y venta de animales menores. María ha demostrado ser una mujer luchadora y emprendedora, con el esfuerzo y sacrifico de sus padres pudo terminar la secundaria.
Solicita este crédito para invertir en la compra de más animales y siembras esto ayudará a mejorar sus ingresos. María quiere extender un sincero agradecimiento y felicitación a Fundación Alternativa en Ecuador y a Kiva por hacer posible el crecimiento en su vida laboral y personal.

Additional Information

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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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Maria Magdalena to invest in buying more animals and some plants, allowing her to improve her income.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2013
Listed
Jan 10, 2014
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015