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Manuel
Manuel is 61 years old, single and living with relatives. He has six married children. They live in San Pablo Parish belonging to San Miguel Canton.

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

Manuel farms corn and small amounts of tree tomatoes. He’s been in this occupation for a long time. He makes his purchases in San Miguel and his sales take place in farmers markets in San Pablo and San Miguel.

He is asking for a loan to buy corn and tomato seeds. The loan has helped him increase income and production. He has faced challenges like the scarcity of laborers and variations in the weather that occasionally have damaged crops. His dream is to buy land. He enjoys celebrating all the annual festivals.
View original language description ↓
Manuel tiene 61 años de edad, es soltero vive con parientes tiene 6 hijos todos son casado, 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.

Manuel 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 comprar terrenos.

Le gusta festejar todas las fiestas del año.

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

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Manuel 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 8, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 27, 2012