A loan of $1,075 helped to buy materials and supplies to make cement blocks.


Luis Baltazar's story

Luis is a 54 year old man. He grew up in the countryside with his mother who, with great effort, was able to provide Luis with a primary school education. Getting back on his feet after the loss of his wife was very tough for him. However, he did not give up and struggled on for his son who had lost his mother. Now his son is an independent adult and Luis lives alone in the parish of Río Verde, an area full of history.

The parish is located in Santo Domingo, the capital of the Santo Domingo de los Tsáchilas province in Ecuador, which has sustained high growth over the past number of years. The most attractive and interesting feature of Santo Domingo city is its delicious fruit and the local gastronomy. The level of business carried out here is also considerable as it has become an inland hub for commercial activity between the country’s mountain and coastal regions. Furthermore, its many tourist attractions and warm climate make it a popular destination for domestic and foreign tourists. For this reason, most of the city’s inhabitants are involved in some form of commercial activity or service for local residents and tourists.

Two years ago, with the experience he acquired in other jobs, Luis decided to become an independent micro-entrepreneur. He sells cement blocks which are used for residential construction. He works all day in this business, mixing cement and preparing the materials. Now he needs a loan to buy raw materials in cash and wholesale in order to increase his sales. This will provide him with income to improve his quality of life.

When asked how he found Fundación Alternativa in order to request the loan that he needs, Luis replied that it was thanks to the recommendation of a friend who was very satisfied with the service, advise and flexibility and trust that he had received. Luis was very excited when he learned that to grow his enterprise there are people around the world who can make a contribution thanks to the intermediary work that Kiva carries out in favour of vulnerable people.

Translator profile picture

Translated from Spanish by Kiva volunteer Suzanne Carey



Loan details


Lenders and lending teams



Loan details