A loan of $1,075 helped to buy cows to produce more milk.

Edy Fernando's story

Edy is a 47-year-old single man who has an elementary school level of education and lives with his 15-year-old son and 12-year-old daughter. The family lives together in a rural parish, in the city of Quito, the capital of Ecuador. The parish is called Gualea and it is in the north-west of Pinchincha province which was home to an Ecuadoran culture known as Los Yumbos. This area boasts a diversity of flora and fauna, as well as rivers and waterfalls which are crystal clear and attract both domestic and international tourists. Locals make the most of this opportunity to offer tours, accommodations, food and outdoor sports such as horse riding, etc. Other common businesses in the area are livestock raising (for meat and milk) and the farming of sugarcane, cassava, maize, oranges, mandarins and papaya. Hand-made crafts are also a good business opportunity here and the goods are in demand because they use natural materials such as seeds. As a result of all this, the local authorities have worked to install adequate systems so that all of the 2,000+ inhabitants have access to basic services.

Edy has the opportunity to develop the livestock-raising business that he learned from his parents and which he has been working in for the last 26 years. Every day, he gets up very early to milk his cows and goes out to sell their milk to his customers. He works for eight hours, sometimes more. Edy sees Fundación Alternativa as offering an opportunity to grow his business because they provide support to the rural community through loans and training. He requested a loan to buy more cows so that he can increase his production and thereby improve his income and cover all his children's needs because, one day, he would like to see them become top professionals.

Translated from Spanish by Kiva volunteer Linda Oxnard

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