Maryorie is a member of the Patrón San Juan rural microfinance institute, located a half an hour from Guaranda. There is a total of 16 members in the group, the majority of whom cultivate corn and potatoes. This is their first loan from the San José cooperative.
Maryorie grows potatoes for a living. She also has a shop in which she sells soda pop and salchipapas (South American street food made with pan-fried sausages and fries). She makes her purchases every Monday and sells her products on Fridays and Saturdays in Guaranda.
She is requesting this loan in order to expand her salchipapa business, as well as to offer milk and other products. She thinks that this loan will help her boost sales and increase business. Her dream is to own a home and a plot of land.
She likes to watch television and to go out in Guaranda.
Maryorie es una socia de la ventanilla rural Patrón San Juan, que está ubicada a media hora de Guaranda. Son 16 socios en total, que en la mayoridad se dedican a cultivos de papas y maíz. Esto es el primer préstamo que ellos sacan con la Cooperativa San José.
Maryorie trabaja en la agricultura, cultivando papas. También tiene una tienda donde vende colas y salchipapas (plato típico con salchichas y papas). Realiza sus compras cada semana el lunes y sus ventas el viernes y sábado en Guaranda.
Solicita el préstamo para aumentar su negocio de salchipapas y poner leche y otros productos. Piensa que el crédito le ayudara para vender más y aumentar su negocio. Su sueño es tener una casa y un terreno.
Le gusta ver televisión e ir a pasear en Guaranda.
About Cooperativa San JoseThis 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!
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Success!! The loan was 100% repaid