Jorge Ignacio P. R. is 78 years old. He is a widower and lives alone. He does not have any children. He lives in the village of Chillanes in the province of Bolívar.
Jorge is an associate of the 'King of Kings' rural branch, which is located an hour and a half from Chillanes. There are 23 associates on the whole, that in the majority are dedicated to agriculture. This is the first loan that he has requested from the San José Cooperative.
Jorge is dedicated to agriculture, sowing corn and cocoa. He carries out his purchases each month in Bucay and sells his produce in the same location.
He requests the loan to invest in seeds for his cultivations. He thinks that the loan is an opportunity to do well. His dreams are to have money for the purchase of a house. He faces challenges such as the climate and diseases.
Jorge Ignacio P. R. tiene 78 años. Es viudo vive solo, no tiene hijo, vive en el cantón de Chillanes en la provincia de Bolívar.
Jorge es un socio de la ventanilla rural Rey de Reyes, que está ubicada a hora y media de Chillanes. Son 23 socios en total, que en la mayoridad se dedican a la agricultura. Esto es el primer préstamo que ellos sacan con la Cooperativa San José.
Jorge dedica a la agricultura, siembra de maíz y cacao. Realiza sus compras cada mes en Bucay y las vende en la misma localidad.
Solicita el préstamo para invertir en semillas para sus cultivos. Piensa que el crédito es una oportunidad para salir adelante. Sus sueños es tener dinero para la compra de una casa. Enfrenta desafíos son el clima y las enfermedades.
Le gusta hacer podas en los huertos de cacao.
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!