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Maria Magdalena
Maria Magdalena is 40 years old, married, and lives with her husband and children in San Pablo parish, in San Miguel canton.

The Unión y Esperanza (Unity and Hope) community bank is located in San Pablo parish, 30 minutes from our San Miguel office. The members of this group farm corn and potatoes, and sell vegetables and other products.

Maria Magdalena is a farmer who grows corn. She has been in this line of work for a long time. She makes her purchases in San Miguel and sells her products in the markets in San Pablo and San Miguel.

Maria Magdalena is requesting this loan to buy corn seeds. This loan will help her to increase her income and production. She faces challenges in her business such as a lack of workers and changes in the weather which sometimes damage her crops. Her dream is to buy more land.

In her spare time, Maria Magdalena likes to chat with her husband.
View original language description ↓
Maria Magdalena tiene 40 años de edad, es casada vive con el esposo y con los hijos, 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.

Maria Magdalena se dedica a la agricultura a la siembra de maiz y choclo, 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 choclo, 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 mas terreno.

En los tiempos libres le gusta conversar con el esposo.

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
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Magdalena to buy corn seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 26, 2011
Listed
Jun 7, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012