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Luis Marcelino
Luis Marcelino, 28, is single. He lives with his parents in Chillanes Canton, Bolívar Province.

The “Nueve de Abril” (April 9) communal bank is located in San José del Tambo Parish belonging to Chillanes Canton. Its members are primarily corn and cocoa bean farmers.

Luis is a corn and cocoa bean farmer. His purchases and sales take place in the San José del Tambo market.

He requests the loan to buy seeds and manure for his crops. The loan will serve as support to meet his economic needs and to improve the quality of his farming activities. He faces challenges like the drop in price of products he sells as well as middlemen. His dream is to work with his own capital. He enjoys playing volleyball.
View original language description ↓
Luis Marcelino tiene 28 años de edad, es soltero, vive con sus padres en el Cantón Chillanes, Provincia de Bolívar.

La V.R.C NUEVE DE ABRIL, se encuentra ubicada en la parroquia San José del Tambo, perteneciente al cantón Chillanes, los miembros de esta ventanilla se dedican a la agricultura, principalmente al cultivo de maíz y cacao.

Luis se dedica al cultivo de maíz y cacao. Compra y vende sus productos en el mercado de San José del Tambo.

Solicita el crédito para comprar semillas y abonos para sus cultivos. El crédito le servirá de apoyo para suplir sus necesidades económicas y mejorar la calidad de sus actividades agrícolas. Enfrenta desafíos como la caída de precios de los productos que comercializa, así como los intermediarios. Su sueño es trabajar con capital propio.

Le gusta jugar vóley.

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
  • 80
    View loans »
    Ecuador Loans Fundraising
  • $25,065,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Luis Marcelino to buy seeds and manure for his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jul 25, 2011
Aug 11, 2011
Currency Exchange Loss:
Aug 16, 2012