A loan of $1,125 helped to buy seeds and fertilizer for his crops.

Fredis Enrique's story

Fredis is a 32-year-old man. He was educated up to the end of secondary school and began to work to provide for his household, which is made up of his wife Mercy, who is 33 years old, and their three children. The children attend public school and he hopes to support them until they earn their professional degrees. Fredis lives with his family in Quinindé, a canton of the province of Esmeraldas, which supplies many cities in Ecuador with products like bananas, cacao, coffee, palm oil, and lumber. In addition, the majority of the inhabitants work in commerce every day in order to make a living, especially since the roads to this canton have been expanded, allowing for a great deal of commercial traffic. Especially on weekends, all kinds of vendors come out to offer their products to potential customers, who are usually from the rural areas, in the outdoor market. Tourism is also an important contribution to this canton, since the natural ecosystem has a large variety of places to visit—waterfalls, freshwater rivers, forests—that have flowers and animals that adorn this city.

Fredis began his farming business ten years ago, specifically with cacao, a crop that is very much in demand by export companies and chocolate makers. For this reason, Fredis carefully works at maintaining his crops, which takes at least six hours a day, as a moment's neglect would mean the plantings would be ruined and there would be great losses. With the experience that Fredis has gained in these years of business, he is sure that he is ready to increase his production volume. That's why he is requesting a loan to purchase seeds and fertilizers to properly sow new crops in the plots of land that he has already prepared. Fredis is sure that with this increase, he will be able to fill the large orders that he gets and thereby obtain greater earnings, enabling his business continue to grow and be recognized in the area by wholesale buyers of cacao. Fredis has always had trouble meeting the requirements that financial institutions demand in order to grant loans; however, Fundación Alternativa presented the Kiva product, with which it is possible to get the support of various people around the world who want to him to grow in his business venture.

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Translated from Spanish by Kiva volunteer Holly Torpey

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