A loan of $1,125 helped to repair and buy tools and machinery for his work.


Luis Alfredo's story

Luis is a 48-year old man. He was born in Colombia, but he left in search of opportunities and personal security. He is married to 41-year old Amalia, who focuses on household chores and the care of their 9- and 12-year old children. Luis now lives in Pacto, a parish of the Quito canton, situated in the province of Pichincha in the Republic of Ecuador.

Pacto is situated in the northwest of the Metropolitan District of Quito. Its history begins in the pre-Incan period, and its name is derived from the agreements made between important political parties. In terms of its economy, it is a farming and cattle raising region because of its climatic and geographic situation, which also have an effect on the harvests from which produce is obtained from the Costa region as well as the Sierra region.

Its people live day to day from these activities. Although it is far from the city, there are families who have undertaken all types of businesses to meet their needs and those of their community.

For the past 20 years, Luis has made his living planting, harvesting, processing and selling sugarcane and its derivatives, a business he learned when he was a private employee. Later, with the necessary experience, he broke away, and this has been the daily bread for his family for all these years. This is why he works at least 9 hours each day.

Luis comments that one of the most complicated tasks is cutting the trunks of the plant because they are very solid. He carries out this activity on rented land, but he dreams of one day being able to have his own farm, so that he can offer his family a better life. It is in order to realize this dream that Luis is aware that he has to work hard and each day improve his work.

This is why he is applying for a loan, which he will invest in repairing and maintaining his machinery with which he extracts the juice from the sugarcane, with which he later makes sugar and other derivatives. Moreover, this loan will also help him acquire some tools which he needs for harvesting this fruit.

Luis searched many times for ways to obtain financing, but it was not possible. Nevertheless, Fundación Alternativa opened doors for him and he received personalized help, not just from his loan officer but also from Kiva, who give the entrepreneur lots of support. Luis is grateful to the investors who decide to contribute to his business, because it means a lot when people from other countries decide to trust in the dreams of a person like him.

Translated from Spanish by Kiva volunteer Deepa Ramesh



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