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Miguel Antonio
Pedro Vicente Maldonado is a canton with a humid climate. It is full of kind and hardworking people. This canton is the arrival point for many tourists because there are many inns all around where tourists can rest and be treated with friendliness and respect. A few minutes from this canton is the La Célica precinct, where Miguel lives and has his business.

Miguel is a 48 year-old man, a fighter who had spent almost all his life living with his parents and helping them with their farm. He is single and doesn’t have children. At this point in time, he is living independently and has his own farm, where he works in milk production.

He learned this line of work beginning in his childhood from his parents. Between the work as a day laborer that he does occasionally and his own business, he works an average of 10 hours a day.

He is asking for this loan to invest in his business, to build a corral for milking his cows. With this investment he will improve the care of his cows and they will increase their milk production. Miguel is thinking of starting a household and having children, so he wants his finances to improve. Miguel is thankful to Fundación Alternativa and Kiva for the support and opportunities provided.
View original language description ↓
Pedro Vicente Maldonado un Cantón de clima cálido húmedo lleno de gente amable y trabajadora este Cantón es el punto de llegada de muchos turistas ya que a los alrededores del mismo tenemos muchas hosterías en las que se puede descansar y ser tratados con amabilidad y respeto, a unos pocos minutos de este Cantón en el Recinto la Célica vive y tiene el negocio el señor Miguel un hombre luchador de 48 años es soltero no tiene hijos casi toda su vida paso viviendo con los papas y ayudándolos en la finca, actualmente ya es independiente tiene su propia finca en la misma se dedica a la producción de le leche
Aprendió de este negocio desde su niñez junto con los papas, entre el empleo como jornalero que en ocasiones realiza y el negocio trabaja un promedio de 10 horas por día, solicita este crédito para invertir en el negocio para realizar un corral para el ordeño de las vacas, con esta inversión mejorara el cuidado de las vacas y estas incrementaran la producción de leche, el señor Miguel está pensando en pronto formar un hogar y tener hijos, por ese motivo quiere que sus ingresos económicos mejoren, Miguel agradece a Fundación Alternativa y Kiva por el apoyo y la oportunidad brindada.

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
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped Miguel Antonio to build a corral for milking his cows.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
Jun 10, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015