A loan of $650 helped to buy fertilizers and other agricultural supplies for growing yuca.


María Hortencia's story

María is a woman of 60. She is separated from her husband, and lives alone with her small grandson for whom she is responsible. They live in Río Verde parish, in Santo Domingo canton and city, in the new province of Santo Domingo de los Tsáchilas, which used to be a rural parish of Quito, Ecuador's capital. Santo Domingo is between the coast and country's highlands so it has become the link between important cities. Located on the outer flanks of the western cordillera, and on the coastal plain at an altitude lower than 1000 metres above sea level, it is the rainiest area of the country. María is a hard-working woman who farms. She learned this livelihood 20 years ago, and today this how she supports herself and her grandchild. She works eight hours a day and looks after her grandchild. The farm work is very hard. María wishes to buy fertilizers and other agricultural supplies to improve her yuca plantings, and this way make them more productive. This way she can get better income and improve her standard of living. Fundación Alternativa, which is the intermediary institution between María and Kiva, has evaluated this entrepreneur, and her risk of defaulting is low, in spite of the fact that this is her first loan. This institution will not only provide María with the financial resources to continue working, but will also offer advice and training. Her dream is to have her own house, and this way ensure the well-being of her grandchild. Her goal now is to be able to give him a better quality of life.

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Translated from Spanish by Kiva volunteer Jeff Goldie



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