Funded

Total loan: $525
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Luis Rodrigo

Ecuador
Latacunga, Ecuador / Carpentry

A loan of $525 helped to purchase tools and supplies.


Luis Rodrigo's story

Luis is 28 years old and comes from a poor family, so he was not able to finish school, although he did complete elementary school. He is married to Fanny, 26, who makes a living in agriculture. They have two children who are in school. The family lives in Latacunga, a city that is known for its attractive tourist sites for visitors coming from near or far, namely the city's historic center, which has been considered a national cultural center for almost 30 years. The city is the capital of Cotopaxi, one of the provinces that forms Ecuador's mountain region, which has developed in recent years to be an important area for the mining, metallurgical, agricultural and livestock industries. There are business that generate considerable income that have turned Latacunga into a commercial city with various opportunities for advancement despite the poverty level being above 50 percent. However, the people have looked for ways to make headway and not stay stagnate, implementing their ideas and starting businesses. Luis has worked as carpenter for the past 10 years. He learned the trade from his brother, who with a lot of love and patience taught Luis how to develop the business. He works between eight to 10 hours a day out of a small space in his home designated for this work that is so important for him and his family, since it pays for his children's education and basic necessities. Luis makes interesting pieces of furniture and ornaments that he sells for reasonable prices. However, many times he's not able to respond to all of his customers' requests because of a lack of tools and materials, and it's for this reason he is requesting a loan so he can invest in supplies and strengthen his business. In this way, he will increase his income and improve his family's quality of life. Furthermore, Luis is certain that with the administrative training provided by Kiva partner Fundación Alternativa his business will get stronger.

Translated from Spanish by Kiva volunteer Marty Greenstein



Loan details

Loan length:

10 months
Disbursed date: September 29, 2012
Facilitated by Field Partner: Fundacion Alternativa

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: September 29, 2012
Facilitated by Field Partner: Fundacion Alternativa