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Eduardo
Eduardo M. G. is 62 years old, married, and has five children. He lives in the San Miguel region of the province of Bolívar.

The associate is a member of the Calzado Solidario rural district, which is a precinct that is located fifteen minutes from San Miguel on the way to the coast. There are 19 associates in all, the majority of whom are dedicated to agriculture and the breeding of smaller animals.

Eduardo works in agriculture and carpentry to increase the family income. The crops that do best are corn and potatoes. The corn he sells from the house and the potatoes in the market of San Miguel.

The main cultural event is the carnival that is celebrated every year in February. Also, Eduardo likes to study the Bible.

Eduardo requests the loan to buy supplies for his work in the fields and to purchase materials for his carpentry workshop. His goal is to have a good income for his family. The challenges that he faces are the climatic problems that affect the crops and the price of wood.
View original language description ↓
Eduardo M. G. tiene 62 años, es casado, y tiene cinco hijos. Vive en el cantón de San Miguel en la provincia de Bolívar.

El socio es miembro de la ventanilla rural Calzado Solidario es un recinto que se encuentra a quince minutos del Cantón San Miguel en la vía a la costa. Son 19 socios en total, los cuales la mayoría se dedican a la agricultura y la crianza de animales menores.

Eduardo trabaja en la agricultura y a la carpintería para incrementar la economía de la familia. Los cultivos que más sobresalen son el maíz y papas. El maíz vende en la casa y las papas en el mercado del Cantón San Miguel.

La cultura principal es el carnaval que se celebra todos los años en febrero. También, a Eduardo le gusta estudiar la Biblia.

Eduardo solicita el crédito para comprar insumos para el trabajo del campo y para compra de materiales para el taller de carpintería. Su meta es tener una buena actividad económica para la familia. Los desafíos que enfrenta son los problemas climáticos que afectan a los cultivos y el precio de la madera.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Eduardo to buy materials for working his fields and supplies for his carpentry shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 27, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010