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Olga Rebeca
Olga Rebeca R. P. is 57 years old. She is divorced and lives alone in Ventanas, a province in Los Ríos. She has 4 children: Rocio, Eduardo, Alberto and Jina.

Olga is a member of the “Y” rural bank, which is located an hour and a half from Ventanas. There are 17 members in total who, for the most part, work in agriculture. This is the first loan they are taking with Cooperativa San José.

Olga dedicates herself to farming, such as the planting of oranges, yucca, coffee and corn. She makes her purchases at harvest time in Guayaquil and Babahoyo, and sells her products in the same cities and in neighboring areas.

She is requesting this loan to invest in the purchase of seeds, so she can increase her production. She believes the loan is an opportunity to get ahead. Her dream is to be able to travel to Italy to meet her relatives. She faces challenges related to lack of funds.

She likes to travel, and to go on trips with the family.
View original language description ↓
Olga Rebeca R. P., tiene 57 años. Es divorciada vive solo, vive en Ventanas provincia de Los Ríos. Tiene 4 hijos, Rocio, Eduardo, Alberto y Jina.

Olga es una socia de la ventanilla rural la “Y”, que está ubicada a hora y media de Ventanas. Son 17 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.

Olga se dedica a la agricultura, la siembra de naranja, yuca, café y maiz . Las compras las realizan cada vez que sale la cosecha en Guayaquil y Babahoyo y vende sus productos en la misma localidad y en los alrededores.

Solicita el préstamo para invertir en la compra de semillas para incrementar la producción. Piensa que el crédito es una oportunidad para salir adelante. Sus sueños es tener dinero para viajar a Italia para encontrarse con sus familiares. Enfrenta desafíos es la falta de dinero.

Le gusta trabajar, salir de paseo con la familia.

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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,134,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Olga Rebeca to purchase seeds so she can increase her crop production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011