Sara Pastoriza L. V. is 53 years old. She is married and lives with her husband in the Guaranda area of Bolívar province. She has 7 children: 2 are married, 2 are grown up but still single, 2 are in high school, and the youngest is a little boy.
Sara is a member of the Patrón San Juan communal bank, which is located half an hour from Guaranda. There are 16 members in total, most of whom work growing potatoes and maize. This is the first loan they have taken with the [field partner] San José Co-operative.
Sara works in agriculture, growing potatoes, wheat, barley, beans and peas. She sells them, and buys what she needs, in Guaranda.
She is seeking the loan to plant potatoes: to buy the seed potatoes, fertilizers and manure, and to pay people to help her. Her dream is to have her own land and to pay for her children's studies. She is also concerned about her husband, who is battling illness.
Her 2 children who are at high school help her at work after school.
Sara Pastoriza L. V. tiene 53 años. Es casada y vive con su esposo, en el cantón de Guaranda en la provincia de Bolívar. Tiene 7 hijos, 2 que son casados, 2 solteros, 2 en colegio y un pequeño.
Sara 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.
Sara trabaja en la agricultura, cultivando papas, trigo, cebada, habas y arbejas. Realiza sus compras y sus ventas en Guaranda.
Solicita el préstamo para sembrar papas: comprar semillas, abonos, fertilizantes y pagar gente para ayudarla. Su sueño es tener un terreno y dar estudios a sus hijos. Enfrenta enfermedades en la familia (su esposo).
Sus 2 hijos que están en el colegio trabajan con ella por la tarde (cuando no están al colegio).
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!