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Segundo Simon
Segundo Simon is 50 years old, married, and lives with his wife and children in the canton of Guaranda in Bolívar Province.

The members of the Sacred Heart Communal Bank meet in the sector of Cuatro Esquinas, which is part of the canton of Guaranda and located 15 minutes from the office of Cooperativa San Jose. The Communal Bank consists of 12 members who engage in agriculture, livestock breeding, the sale of their products, and other profitable activities.

Segundo is a farmer who grows potatoes, wheat, and corn. He also has four heads of cattle. Segundo purchases his supplies at the market in Guaranda and sells his products at the wholesale market in the same city.

He is requesting a loan to buy supplies for his crops. With the financial assistance provided through this loan, he will be able to acquire needed supplies. The challenges he faces include diseases that could impact his crops. His dreams including owning a home and increasing his earnings.

Segundo enjoys talking with his family.
View original language description ↓
Segundo Simon tiene 50 años, es casado vive con la esposa y con los hijos, en el Cantón Guaranda Provincia de Bolívar.

Los miembros de la V.R.C. SAGRADO CORAZON se encuentra ubicada en el sector Cuatro Esquinas perteneciente al cantón Guaranda a una distancia de 15 minutos de la oficina de la cooperativa, esta ventanilla integran 12 socios que se dedican a la agricultura, crianza de animales y a la comercialización de los mismos y otras actividades que da utilidades.

Segundo se dedica a la agricultura siembra papas, trigo, maíz, además tiene 4 cabezas de ganado. Las compras las realiza en el mercado de Guaranda y las vende en el mercado mayorista de la misma ciudad.

Solicita el crédito para la comprar de insumos para los cultivos. Con el apoyo del crédito le ayudaría económicamente para suplir sus necesidades. Enfrenta desafíos como enfermedades en los cultivos. Su sueño es tener casa propia y aumentar sus ingresos.

Le gusta conversar con la familia.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Segundo Simon to purchase farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 17, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012