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Segundo Héctor
Segundo is 64 years old, married, and has 5 children - 31 year-old Bolivia, 26 year-old Marithza, 24 year-old Edwin, 23 year-old Joffre, and 18 year-old Mayra. They live in the neighborhood of San Francisco de Rumí Pamba, an hour and a half from Cantón San Miguel in Bolivar province. Segundo is a member of the rural loan group "San Francisco de Rumi Pamba", which is composed of 25 members in total, of whom the majority are farmers.
Segundo works in agriculture, and this is the primary source of income for his family. Among the most outstanding crops of his area are potatoes, wheat, barley, and corn. He sells his produce in the community to the traders who are in the area.
Segundo is requesting a loan to buy chemical inputs for his crops. His goal is to improve his family's standard of living and to see his children become professionals. One of the challenges that he faces is to sell all the produce that he grows. In his free time he teaches his children to live good lives.
View original language description ↓
Segundo Héctor A. H. tiene 64 años, es casado, tiene 5 hijos, Bolivia de 31 años, Marithza de 26, Edwin de 24, Joffre de 23 y Mayra de 18 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 y es su principal fuente económica de su familia. Dentro de los cultivos que más sobresalen en la zona son las papas, trigo, cebada, maíz. Vende los productos en la comunidad a los comerciantes que van a la zona.
Segundo solicita el crédito para comprar insumos químicos para sus sembrios. Su meta es de mejorar el nivel de vida de su familia y que sus hijos sean profesionales. Los desafíos que enfrenta es vender todos los productos que se siembra. Segundo en sus tiempos libres les la consejos de buena conducta a sus hijos.

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
  • 93
    View loans »
    Ecuador Loans Fundraising
  • $24,212,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Segundo Héctor chemical inputs for his crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 8, 2010
Listed
May 9, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011