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Mercedes Pamela
Mercedes is an entrepreneurial young woman from Ecuador. She is 22 years old and was born in the city of Latacunga in the La Matriz parish in the Republic of Ecuador. She is single and lives in her own house with her sisters. She is studying at the university, and in order to cover her expenses she has a small business that consists of making empanadas, yogurt, and soy milk. She learned this business from her mother, who did this work for many years.

Today she needs help with a loan that she will use to buy a stove and an industrial oven. This will serve to minimize time and effort when making her product. Mercedes spends 4 to 5 hours daily making empanadas and other items.

Mercedes wants to extend her sincere thanks and greetings to Fundación Alternativa in Ecuador and to Kiva for making it possible to grow in her work and personal life.
View original language description ↓
Mercedes una joven ecuatoriana emprendedora tiene 22 años nació en la ciudad de Latacunga en la parroquia La Matriz perteneciente a la República del Ecuador, es soltera vive en casa propia con sus hermanas, está estudiando en la universidad y para solventar sus gastos tiene un pequeño negocio de que consiste en la elaboración de empanadas, yogurt, y leche de soya, este negocio lo aprendió de su madre quien por muchos años se dedicó a esta actividad.
Hoy necesita que se le ayude con un crédito que lo invertirá en la compra de una cocina y un horno industrial esto servirá para minimizar tiempo y esfuerzo en la elaboración de su producto, Mercedes se dedica de 4 a 5 horas diarias a la producción de las empanadas y demás.
Mercedes 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

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
  • 92
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Mercedes Pamela to buy a stove and an industrial oven.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2013
Listed
Jan 10, 2014
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015