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Segundo Gonzalo
Segundo Gonzalo L. L. is 30, married, and has three children named Roxana (9), Jairo (6) and Raúl (3). They live in San Francisco de Rumí which is about one and a half hours from San Miguel in Bolívar Province. Segundo is a member of the community organziation “San Francisco de Rumí pamba", and is one of 25 members, most of whom make their living from agriculture. Segundo enjoys playing soccer in his free time.
Segundo has been a farmer all of his life and his crops are the livelihood of his family. The most important crops in the region include potatoes, corn, beans, grains and wheat. He sells harvested produce in the market in the city of Ambato.
Segundo seeks a loan to buy fertilizer for his crops in order to increase his production. The main challenge he faces are the low market prices paid for his crops at the time of sale.
View original language description ↓
Segundo Gonzalo L. L. tiene 30 años, es casada, tiene 3 hijos que se llaman Roxana de 9, Jairo de 6 y Raúl de 3 años, Viven en el recinto San Francisco de Rumí pamba a una a una distancia de hora y media del Cantón San Miguel Provincia de Bolívar.
El socio es un miembro de la ventanilla rural “San Francisco de Rumí pamba”. La misma que esta conformada por 25 socios en total, los cuales la mayoría se dedican a la agricultura.
Segundo trabaja en la agricultura toda su vida como principal fuente económica de su familia. Dentro de los cultivos que más sobresalen en la zona son las papas, maíz, arbeja, habas, trigo. Vende los productos cada cosecha en la ciudad de Ambato.
Segundo solicita el crédito para comprar ureas y abonos para sus sembrios. Su meta es de mejoras sus cultivos para tener una buena producción. Los desafíos que enfrentan son que en las cosechas venden a precios bajos sus productos. Segundo manifiesta que en sus tiempos libres juega fútbol .

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

  • $10,200
    Average annual income
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Segundo Gonzalo to buy fertilizer to increase his crop production.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Apr 8, 2010
May 8, 2010
Currency Exchange Loss:
Jan 15, 2011