Juan Daniel A. A., 23, is married and lives in Guaranda, Bolívar Province, Ecuador. He has a two and a half year old daughter.
Juan is a member of the Gradas Chico communal bank located fifteen minutes by car from the city of Guaranda. It has 20 members total who are mostly corn, wheat and potato farmers and cattlemen. This is the third loan they take out with the cooperative.
Juan is a farmer. He has corn and potato crops that he sells monthly in Guaranda’s market. He also works in home construction in the city of Guaranda.
He is asking for funds to buy a head of cattle. With help from the loan he will be able to improve his life a bit more. His dream is to provide an education for his daughter. It’s a challenge because crop prices have dropped.
During his free time he likes to play volleyball and soccer.
Juan Daniel A. A. tiene 23 anos. Es casado y vive en el cantón de Guaranda en la provincia Bolívar de Ecuador. Tiene 1 hija de 2 anos y medio.
Juan es socio de la ventanilla rural Gradas Chico, que está ubicada a quince minutos en carro de la ciudad de Guaranda. Son 20 socios en total, que en la mayoridad se dedican al cultivo de maíz, trigo, papas, y la cría de animales. Este es el tercer préstamo que sacan con la cooperativa.
A Juan se dedica a la agricultura. Tiene cultivos de maíz y papas que vende en el mercado de Guaranda cada mes. Tambien trabaja en la construccion de casas en la ciudad de Guaranda.
Solicita el credito para comprar un ganado. Con el apoyo del credito podra mejorar su vida un poco mas. Su sueno es hacerle estudiar a su hija. Se desafia porque han bajado el precio de los cultivos.
En su tiempo libre le gusta jugar el boli y el futbol.
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!