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Francisco P. S. is 57 years old, is married and has 6 children. He lives near San Miguel in the Bolívar province.

The member is a part of La Palmera communal bank it is in a rural area, and it is an hour and a half from Cantón San Miguel. There are 16 members in total, it is an agricultural community and a few are cattle-dealers.

Francisco works in agriculture and as a mason to improve his family’s finances. The crops that stand out in his production are corn and beans in a lower rate, some potatoes and he also raises pigs. He sells his products in the San Miguel market in Thursday’s fair and in his home.

In his free time, he enjoys outings with his family; he also enjoys carnival parties to celebrate with family and neighbors.

The member needs the loan to buy goods for his field work and above all for fertilizers and manure. Francisco’s goal is to have a good economic activity for the family and to buy a car for work. The challenges that he faces are due to climate, the diseases that hurt his crops and the lack of money to buy goods for his crops.

View original language description ↓
No. de Socio: 24498 No. de Foto: 214

Francisco P. S. tiene 57 años, es casado, y tiene seis hijos. Vive en el cantón de San Miguel en la provincia de Bolívar.

El socio es miembro de la ventanilla rural La Palmera es un recinto que se encuentra a una hora y media del Cantón San Miguel. Son 16 socios en total, es una comunidad Agrícola y pocos a la Ganadera.
Francisco trabaja en la agricultura y la albañeria para incrementar la economía de la familia. Los cultivos que más sobresalen son el maíz, fréjol en menos proporción, algo de papas y también a la cría de chanchos. Vende los productos en el mercado de San Miguel en la Feria de los Jueves y en su casa.
En los tiempos libres se va de paseo con su familia, además le gusta las fiestas del carnaval celebrar con la familia y los vecinos.

El socio solicita el crédito para comprar insumos para el trabajo del campo y sobre todo para fertilizantes y abonos. Su meta es tener una buena actividad económica para la familia y para la compra de un carro para el trabajo. Los desafíos que enfrenta son los problemas climáticos, las enfermedades que afectan a los cultivos y la falta de dinero para la compra de insumos.

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
  • 50
    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 Francisco to buy supplies and seeds for production.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Apr 7, 2010
Apr 14, 2010
Currency Exchange Loss:
Feb 15, 2011