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Euro Lenin
Euro Lenin is 75 years old. He’s married and lives with his wife and three children, who are 29, 31 and 33 years old, in San Pablo Parish which belongs to San Miguel Canton.

The “Unión y Esperanza” (Unity and Hope) communal bank is located in San Pablo Parish 30 minutes from the San Miguel office. The members of this communal bank farm corn and potatoes and are merchants of vegetables and others.

Lenin is a farmer. He’s a corn farmer and also grows tree tomatoes (a small tree or shrub in the flowering plant family Solanaceae. It is best known as the species that bears the tamarillo, an egg-shaped edible fruit.) in small amounts. He’s been in this line of work for a long time. He does his purchases in San Miguel and sells his products at the farmers markets in San Pablo and San Miguel.

He requests the loan to buy corn and tomato seeds. The loan has helped him increase income and crop yields. He has faced challenges like the lack of laborers and weather variations which have sometimes damaged the crops. His dream is to continue to work and earn higher income. He would like it if the tradition weren’t lost and his children continued working in agriculture.
View original language description ↓
Euro Lenin tiene 75 años de edad, es casado vive con la esposa y con los tres hijos de 29, 31 y 33 años, viven en Parroquia San Pablo perteneciente al Cantón San Miguel.

Los miembros de la V.R.C UNION Y ESPERANZA se encuentra ubicada en la Parroquia San Pablo a 30 minutos de la oficina en San Miguel los miembros de esta ventanilla se dedican a la agricultura siembra de maíz, papas y al comercio ventas de legumbres y otros.

Lenin se dedica a la agricultura a la siembra de maíz y en pocas cantidades siembra tomate de árbol, este trabajo lo viene desarrollando desde hace mucho tiempo, las compras las realiza en San Miguel y Vende sus productos en San Pablo y San Miguel en las ferias.

Solicita el crédito para la compra de semillas de maíz y de tomate, el crédito el ayudado a aumentar los ingresos y la producción, ha enfrentado desafíos como la falta de trabajadores y el variación del clima que en ocasiones a dañado los cultivos. Su sueño es seguir trabajando y tener mas ingresos.

Lo que le gustaría es que la tradición no se pierda los hijos sigan trabajando en la agricultura.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Euro Lenin to buy corn and tomato seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 26, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 27, 2012