Update on Rigail RamiroRigail Ramiro is 26 years old. He is married with one son, aged two years old, and lives with his wife and son in Ventanas canton, in the province of Los Ríos.
The NUEVA UNIÓN communal bank is located in the Guamayacu precinct, which is part of Echeandía province. This communal bank focuses on short-cycle agriculture, specifically corn, rice and beans.
Rigail works in agriculture planting corn, rice, and beans. He makes his purchases and sales in Echeandía .
With the money from his previous loan, he was able to purchase seeds and agricultural supplies such as urea, Matamonte brand herbicide, fertilizers and weedkiller, in order to keep his crops in good condition. His family relationships have improved because now he is able to bring in a little more for his family's well-being. His work is going much better, because he has increased his production and his income has improved greatly too, because now he earns more income from his products. He has been able to succeed with the help of his previous loan, and he had no problems in making his scheduled repayments to the cooperative.
This new loan will be very helpful, because he will use it to purchase seeds, cocoa plants, and agricultural supplies such as urea, Matamonte brand herbicide, fertilizers, and weedkiller to keep his crops in good condition.
The challenges that he faces most often are the competition and insect infestations. His dream is to continue working so that he can buy a house for his family.
In his free time he enjoys watching TV and playing sports, especially football.
"He is very grateful for the support being provided".
LA VRC NUEVA UNIÓN, se encuentra ubicada en el Recinto Guamayacu, perteneciente al Cantón Echeandía, esta ventanilla se dedica a labores agrícolas de ciclo corto siembra de maíz, arroz, fréjol gandul.
Rigail se dedica a la agricultura a la siembra de maíz, arroz, fréjol gandul las compras y las ventas las realiza Echeandia.
Con el dinero del prestamo anterior pudo comprar semillas e insumos agrícolas como urea, mata monte, fertilizantes, veneno para la maleza para mantener en buenas condiciones los cultivos.
En la familia la relación ha mejorado porque ahora puede aportar un poco más para el bienestar de la familia, en el trabajo le va mucho mejor porque a aumentado la producción en los ingresos a mejorado mucho porque ahora con la venta de los productos obtiene más ingresos. Con el apoyo de anterior crédito le ha ayudado a superarse y no tuvo ningún problema para poder cancelar las cuotas establecidas por la cooperativa.
Este nuevo Crédito será de mucha ayuda porque le servirá para comprar semillas, plantas de cacao e insumos agrícolas como urea, mata monte, fertilizantes, veneno para la maleza para mantener en buenas condiciones los cultivos.
Los desafíos que se le presenta muy frecuentes son: la competencia y las plagas. El sueño es seguir trabajando para poder comprar una casa para la familia.
En los tiempos libres le gusta ver televisión y practicar los deportes en especial el futbol
"Esta muy agradecido por la ayuda brindada".
Previous Loan DetailsRigail Ramiro M. C. is 26 years old. He is married and lives with his wife and child in Ventanas canton, in Los Ríos province. The Nueva Unión community bank is located in Guamayacu, in Echeandia canton. The members of this group work in short-cycle agriculture, growing corn and rice. Rig... More from Rigail Ramiro's previous loan »
About Cooperativa San JoseThis 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!
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid