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Edguin Adan
Edguin Adán, 40, is single and has two children. He lives with his children who are 18 and 12 years old in Chillanes Canton, Bolívar Province.

The “Unión y Progreso la Colombia Baja” communal bank has 15 members and is located 90 minutes from the Cooperative. This communal bank is involved in farming activities: cocoa bean, rice, corn, soya, banana, orange, etc.

Edguin is a cocoa bean, rice, corn, soya and orange farmer. He makes his purchases and his sales every weekend in San José del Tambo.

He is requesting the loan to be able to buy seeds, manure and farming supplies and also to buy cocoa bean plants.

Support from the loan will help him meet his economic needs. He faces frequent challenges like competition and crop infestations.

His dream is to be able to buy himself a house to live in with his children. In his spare time he likes to go out on outings with his children.
View original language description ↓
Edguin Adan tiene 40 años de edad es soltero tiene dos hijos, vive con los hijos de dieciocho, doce años de edad en el Cantón Chillanes Provincia de Bolívar.

La VRC Unión y Progreso la Colombia baja, está conformada por quince integrantes y está ubicada a 90 minutos de la cooperativa esta ventanilla se dedica a Actividades Agrícolas, siembra de cacao, arroz, maíz, Soya plátano, naranja, etc.

Edguin se dedica a la agricultura, a la siembra de cacao arroz, maíz, soya, naranja, las compras y las ventas lo realiza en San José del Tambo cada fin de semana.

Solicita el crédito para poder comprar semillas, abonos e insumos para los cultivos y también invertir en la compra de plantas de cacao.

Con la ayuda del préstamo le ayudará a suplir necesidades económicas, Enfrenta desafíos que son muy frecuentes como la competencia y las plagas.

El sueño es poderse comprar una casa para poder vivir con los hijos.

En los tiempos libres le gusta salir a pasear con los hijos.

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
  • 50
    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 $1,200 helped Edguin Adan to buy seeds, manure and farming supplies as well as to buy cocoa bean plants.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 6, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012