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Fausto
Fausto C. C. is 31 years old. He is married and lives with his wife and 3 children. He lives in Guaranda canton in Bolívar province.

Fausto belongs to the Casaiche Chilipamba solidarity group which is located half an hour from Guaranda. It is a group that works in agriculture and farming livestock such as dairy cows and pigs. The group has 20 members.

Fausto grows corn, wheat, beans and potato and also raises dairy cows. He makes his purchases in Guaranda and sells in the wholesale market in the same town.

He is requesting a loan to buy supplies for sowing corn, wheat, beans and potatoes and also animals to fatten and then sell. The support from the loan will help him to fulfil his family's financial needs. His dream is to be able to buy a house, car and land for his animals.

He likes to take part in sports.
View original language description ↓
Fausto C. C. tiene 31 años. Es casado vive con la esposa y los hijos, vive en el cantón de Guaranda en la Provincia de Bolívar. Tiene 3 hijos.

FAUSTO pertenece a la Ventanilla Casaiche Chilipamba ubicada a media hora de Guaranda perteneciente, es un grupo que se dedica a la agricultura y a la ganadería como vacas lecheras y chanchos, esta ventanilla tiene 20 miembros.

FAUSTO se dedica a la agricultura de maíz, trigo fréjol y papa y a la ganadería cría vacas lecheras, las comprar las realiza en Guaranda y vende en el mercado mayorista de la misma ciudad.

Solicita el crédito para la compra de insumos para la siembra maíz, trigo fréjol y papa y animales para engordar y después vender. Con el apoyo del crédito le ayudaría económicamente para suplir sus necesidades de la familia. Su sueño es ponerse comprar casa, carro y terrenos para tener sus animales.
Le gustaría hacer deporte

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,831,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fausto to buy supplies for sowing corn, wheat, beans and potatoes. To buy animals to fatten and then sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 6, 2010
Listed
Nov 7, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011