Darwin Dagoberto R. Q., 19, lives with his parents in Chillanes canton, Bolívar province.
He is a member of the Progreso Comunitario (Community Progress) communal bank located two hours from Chillanes. It has 11 members who are mostly cocoa bean farmers or have small businesses.
Darwin is employed as a day worker in the fields and grows cocoa beans on his parents’ farmlands. He makes his purchases and his sales in Mabahoyo and Mata de Cacao.
He is asking for funds to invest in cocoa seeds. He hopes that help from the loans will lead to improved agricultural production. His dream is to buy a house and have his own cocoa orchards. This year his crops have been affected by “Escoba de Bruja” (Witch’s Broom, a plant fungus).
He likes to play volleyball and participate in his town’s festivals in his spare time.
Darwin Dagoberto R. Q. tiene 19 anos. Vive con sus padres en el cantón de Chillanes en la Provincia Bolívar.
Darwin es un socio de la ventanilla rural Progreso Comunitario, que está ubicada a dos horas de Chillanes. Son 11 socios en total, que en la mayoridad se dedican al cultivo de cacao o tienen sus propios pequeños negocios.
Darwin trabaja en el campo como jornalero y cultiva en los terrenos de sus papas el cacao. Hace las compras y las ventas de sus productos en Babahoyo y Mata de Cacao.
Solicita el crédito para invertir en poras de cacao. Con el apoyo del préstamo podría mejorar su producción agrícola. Su sueno es comprar una casa y tener unos huertos de cacao propios. Sus cultivos han sido afectados por la enfermedad ¨escoba del brujo¨ este ano.
Le gusta pasar su tiempo libre jugando el boli y participar en los festivales de su pueblo.
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!