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Ángel Bolívar
Ángel Bolívar, 52, is single. He has a daughter but she doesn’t live with him. He lives in Chillanes Canton, Bolívar Province.

The “Nueva Unión” (New Union) communal bank is located in San José del Tambo Parish belonging to Chillanes Canton. The members of this communal bank are farmers, especially of corn, cocoa beans, rice, oranges, bananas and coffee.

Ángel Bolívar grows cocoa beans, corn, rice and bananas. He makes his purchases and his sales at the San José del Tambo market every weekend.

He requests the loan to buy farming supplies: fertilizer and manure. The loan will help him meet his economic needs and improve his farming activities. He faces challenges like the fall in price of the products he sells and dealing with middlemen.

His dream is to buy more land to continue farming and increasing income. He enjoys going on outings with his daughter and celebrating the hamlet’s festivals.
View original language description ↓
Ángel Bolívar tiene 52 años soltero tiene una hija pero no vive con él, vive en el Cantón Chillanes Provincia de Bolívar.

La V.R.C NUEVA UNION 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, arroz, naranja, plátano, café.

Ángel Bolívar se dedica al cultivo de cacao, maíz, arroz y plátano. Compra y vende sus productos en el mercado de San José del Tambo cada fin de semana.

Solicita el crédito para compra de abonos e insumos, fertilizantes, abonos agrícolas. El crédito le servirá de apoyo para suplir sus necesidades económicas y mejorar sus actividades agrícolas. Enfrenta desafíos como la caída de precios de los productos que comercializa, así como los intermediarios. Su sueño es comprar mas terreno para seguir cultivando y aumentar los ingresos.

Le gusta salir de paseo con la hija y festejar las fiestas del recinto.

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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Ángel Bolívar to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012