A loan of $650 helped to buy more products to expand his grocery store.

Jose Wilson's story

José, 31, lives in the town of Santo Domingo and is recently divorced from his wife. He has two children who he must support and educate so they can become professionals one day. He was unable to study because his parents could only afford an elementary education.

José lives exactly in the Río Verde Parish and is known among his neighbors as an honest, hard-working person. He has several years' experience as a merchant and salesman and has worked in different businesses in the city since he was very young.

Taking advantage of the fact that Santo Domingo is the port that joins the Coastal Region and the Sierra of Ecuador, locals have established all kinds of businesses to support their families. Such is the case of José who began his business six years ago. He opened a grocery store selling basic goods, in a strategic location, near schools, homes and parks where his customers are children, youth and adults who buy different items.

He is requesting his second loan through Fundación Alternativa, where they have given him the confidence and facilities he needs to grow his business. He will use this loan to buy a variety of products to stock his store and satisfy customer demand. With this step toward business expansion, José is proving that he is able to get ahead despite having an incomplete education. José wants to be successful and become popular in the city among neighbors and local people, so he will earn more income and improve his family's economic situation.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details