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Nestor Alberto
Nestor Alberto, 39, is living in a common law relationship and has four children. He lives with his wife and children who are 13, 12, 5 and 3 years old in Ventanas Canton, Los Ríos Province.

The “San Nicolás” communal bank is located in Recinto San Nicolás, Puerto Pechiche Parish belonging to Pueblo Viejo Canton. The members of this communal bank are short cycle corn farmers.

Nestor grows corn, rice and beans. His purchases and sales take place in San Jacinto. He’s asking for the loan to invest in farming. He will buy seeds and farm supplies like urea, Matamonte brand herbicide, fertilizer and weed killer to keep his crops in good condition and sell them at good prices. The loan will be very useful because he will buy farm supplies problem free because he’ll have the money.

The challenges he faces are very frequent. They are: competition, pests and crop diseases. His dream for the next five years is to be debt free in order to request another, larger loan. In his free time he enjoys playing ball and fishing.
View original language description ↓
Nestor Alberto tiene treintainueve años de edad vive en unión libre tiene cuatro hijos, vive con la esposa y con los hijos de trece, doce, cinco y tres años en el Cantón ventanas Provincia de los Ríos.
LA VRC SAN NICOLAS, se encuentra ubicada en el Recinto San Nicolás, Parroquia puerto Pechiche Perteneciente al Cantón Pueblo Viejo, Esta Ventanilla se dedica a labores agrícolas de ciclo corto Siembra de maíz.
Nestor se dedica a la agricultura a la siembra de maíz, arroz, fréjol las compras y las ventas las realiza en san Jacinto. Solicita el Crédito para invertir en la agricultura, comprar semillas e insumos agrícolas como urea, mata monte, fertilizantes, veneno para la maleza para mantener en buenas condiciones los cultivos y posterior venderlos a un buen precio.
El Crédito será de mucha ayuda porque podrá comprar los insumos agrícolas sin ningún problema porque va a contar con dinero.
Los desafíos que se le presenta muy frecuente son: la competencia, las plagas, enfermedades que se dan en los cultivos. El sueño para los próximos 5 años no tener deudas para poder solicitar otro crédito pero el monto más alto.
En los tiempos libres le gusta escuchar jugar pelota, pescar.

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
  • 52
    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 $800 helped Nestor Alberto to buy seeds and farm supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 6, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2012