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Luis Alberto
Luis Alberto C. E. is 30 years old. He is single and lives with his parents in the Ventanas province in Los Ríos. He has one son, Gabriel, 8.

Luis is a member of the rural communal bank 'Valle Alto' (High Valley), which is located in the Voluntad de Dios precinct, 1.5 hours from Ventanas. There are 23 members in the group in total, and the majority work in agriculture. This is the second loan they are seeking from Cooperativa San José.

Luis works in agriculture, growing maize and rice. He makes his purchases each month in Ventanas city and sells in the same location.

He is seeking this loan to invest in the purchase of maize and rice, and thinks that the loan is an opportunity to improve his situation. His dreams are to have money to purchase a plot of land. In the way of his dreams are the plagues and diseases that affect his crops, such as the cogollero worm. Luis likes to play soccer on the weekends.
View original language description ↓
Luis Alberto C. E., tiene 30 años. Es soltero y vive con los padres, vive en Ventanas provincia de Los Ríos. Tiene 1 hijo, Gabriel (8).

Luis es un socio de la ventanilla rural la “Valle Alto”, que está ubicada en el Recinto Voluntad de Dios a hora y media de Ventanas. Son 23 socios en total, que en la mayoridad se dedican a la agricultura. Esto es el segundo préstamo que ellos realizan en la Cooperativa San José.

Luis se dedica a la agricultura, siembra maíz y arroz. Realiza sus compras cada mes en la ciudad de Ventanas y las vende en la misma localidad.

Solicita el préstamo para invertir en la compra de maíz y arroz. Piensa que el crédito es una oportunidad para salir adelante. Sus sueños es tener dinero para comprar un terreno. Enfrenta desafíos como las plagas y las enfermedades en sus cultivos como el gusano cogollero.
Le gusta jugar fútbol los fines de semana.

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

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,469,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Luis Alberto purchase maize and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 20, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011