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Elza Antonia
San Miguel de los Bancos is a canton with a hot, humid climate. It is full of kind and hardworking people who traditionally celebrate festivities for the establishment of their canton. This region is a tourist attraction, often visited for its wild flora and fauna. During the Carnival holiday, which happens every year, everyone in this region heads to the Cascada de Amor [Waterfall of Love] to spend a pleasant time with their family.

Señora Elza lives in this area and has a business. She is a woman, age 59, who is a fighter. She is a widow who has three children from her marriage, all of whom are now grown up. She comes from a family with limited financial resources, so she couldn’t educate herself. She has a restaurant; she learned this business on her own. She works an average of 15 hours a day in the restaurant. She has the help of one of her children in the afternoon.

She is asking for this loan to invest in her business, buying assets to increase her clientele. With this new investment they can improve their income and quality of life. Señora Elza is thankful to Fundación Alternativa and Kiva for the support and the opportunities they have given.
View original language description ↓
San Miguel de los Bancos un Cantón de clima cálido húmedo lleno de gente amable y trabajadora tradicionalmente se realiza las festividades por el aniversario del mismo, este Cantón es un atractivo turístico muy visitado por su variedad de flora y fauna silvestre, en los feriados de carnaval que se realizan todos los años aquí en este Cantón toda su gente se dirige a la cascada del amor a pasar un momento agradable en familia.
En este Cantón vive y tiene el negocio la señora Elza una mujer luchadora de 59 años ella es viuda de esta relación tuvieron 3 hijos ya todos son mayores de edad ella viene de una familia de bajos recursos económicos por lo que no pudo prepararse ella tiene un restaurante, aprendió de este negocio por iniciativa propia al mismo negocio le dedica un promedio de 15 horas al día en el mismo recibe la ayuda de uno de sus hijos en las tardes.
Solicita este crédito para invertir en el negocio comprando activos para incrementar su clientela, con esta nueva inversión mejoraran sus ingresos económicos y su calidad de vida, la señora Elza agradece a Fundación Alternativa y a Kiva por el apoyo y las oportunidades brindadas.

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
  • 62
    View loans »
    Ecuador Loans Fundraising
  • $23,498,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,125 helped Elza Antonia to expand her restaurant.
91% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
N/A