Funded

Total loan: $1,075
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William Fabian


A loan of $1,075 helped to purchase materials to make bricks.


William Fabian's story

William is a 32 year old man with a primary school education. He is married to Martha, 32, and they have a 7 year old daughter named Heidi. They live in Latacunga, capital of the Cotopaxi province, one of the provinces that form part of the Región Sierra del Ecuador. In recent years, Latacunga has developed so remarkably that it is considered one of the most important towns of the region thanks to the floral, mining, metallurgy, agribusiness, agriculture, and livestock industries. In addition, there are business establishments that generate interesting income, making it a commercial city offering many opportunities to get ahead. In this city, many of the festivals retain the deep roots and purity very close to historic origins and ancestral traditions. These celebrations beckon people from across the country, turning this city into the meeting point of the provinces. Latacunga is the home of construction materials that are distributed from here to across the country.

William has been making cement blocks for 13 years. He learned how to manage this business thanks to the support of his family who has always been engaged in this business. He puts in eight hours a day and his wife helps him. He believes that mixing all of the ingredients is hard work and for this reason, when he has free time, he helps his colleagues from other “bloqueras” with their activities. He has experienced several losses during his years in business, the first due to theft of his blocks and materials, and the second because of irresponsible customers who hadn’t paid on time. However, William has gotten ahead and provided his wife and daughter with a good lifestyle. Now, he needs a loan to purchase materials in order to increase brick production and add to his profits. This will allow him to give his daughter the education that he himself could not enjoy. Fundación Alternativa provided him with the flexibility and confidence to obtain this loan. In addition, they have provided him with personal advice in the proper management of his resources.

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz



Loan details

Loan length:

15 months
Disbursed date: September 21, 2012
Facilitated by Field Partner: Fundacion Alternativa

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 21, 2012
Facilitated by Field Partner: Fundacion Alternativa