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Gustavo Hidalgo
Gustavo Hidalgo M. B. is 50 years old and married. He and his wife have two children, Gustavo (age 24) and Diego (age 18), and live in the canton of San Miguel in Bolivar Province.


Gustavo is a member of the Communal Bank “Lotan Bajo”, which is 30 minutes away from the town of San Miguel. The group has a total of 13 members, most of whom engage in agriculture.


Gustavo is a farmer who grows corn, wheat, beans, and peas. He buys and sells each month at the market in San Miguel as needed. Gustavo is requesting a loan to buy compost for his farming activities. He believes the loan will making things easier for him. His dreams include building a house and expanding his business. He enjoys sports in his free time, such as volleyball, and spending time with his children.

View original language description ↓
Gustavo Hidalgo M. B. tiene 50 años de edad, es casado, y vive con su esposa e hijos, Gustavo (24) y Diego (18), en el cantón de San Miguel en la provincia de Bolívar.
Gustavo es un miembro de la ventanilla rural Lotan Bajo, que se encuentra a media hora del pueblo de San Miguel. Son 13 socios en total, y en su mayoría se dedican a la agricultura.
Gustavo es agricultor y los productos que cultiva son maíz, trigo, habas y arbeja. Hace las compras y las ventas cada mes en el mercado de San Miguel, cuando se necesita.
Solicita el préstamo para comprar abonos para invertir en la agricultura. Piense que va a ser más fácil con el crédito. Su sueño seria de poder hacer una casita para su familia y crecer más el negocio.
Le gusta hacer deportes en su tiempo libre: jugar volley y también pasar tiempo con 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
  • 105
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gustavo Hidalgo purchase compost.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2010
Listed
May 26, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2011