A loan of $650 helped to buy piglets and feed.

Magali Yolanda's story

Magali lives and works in Pedro Vicente Maldonado, a canton in the west part of the province of Pichincha in Ecuador. Pedro Vicente Maldonado, named after the 18th-century Ecuadoran scientist, has a pleasant subtropical climate and is known for its natural beauty and agricultural economy.

Magali, 21 and single, lives in a rented home with her newborn child. Though Magali has only a middle-school education, she supports herself through her entrepreneurialism and hard work. Magali has been raising animals for two years and also works part-time as a maid. While initially she had trouble understanding how to run her own business, through her experiences, successes, and occasional failures, she has persevered.

This will be Magali's first loan through Fundación Alternativa, which she will use to buy piglets and feed. Her greatest struggle in this business are the extremely long hours - she begins work at 7 a.m. and isn't done until midnight. She hopes that this loan will support her business, and her dream is to own her own home.

Loan details

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Loan details