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Margarita
Margarita is 47 years old, single, and has five children. She lives in Guaranda in Bolívar Province with her children (ages 28, 24, 22, 18, and 9).

Margarita is a member of the Communal Bank “Pangua” which is located in the community of Pangua Chaupiyacu and part of Guanujo parish in the canton of Guaranda. This community is 15 minutes away from the office of Cooperativa San Jose. The members of the Pangua Communal Bank work mostly in agriculture and livestock breeding, but they also engage in other business activities, such as retail and construction, in order to earn most of their income.

Margarita is a farmer who grows potatoes. She also has cattle, sheep, and pigs. Margarita has four plots of land on which she grows her crops. She lives in her own house. Her purchases and sales are conducted in Guaranda. She is requesting a loan in order to buy cattle, sheep, and compost. With the help of this loan, Margarita will be able to improve her family’s financial condition. Her dream is to buy a house in another city. The challenges she faces include the economic situation and the summer droughts.

In her free time, Margarita enjoys relaxing and knitting. Occasionally she will go out to spend time with her family and visit relatives who live far away.
View original language description ↓
Margarita tiene 47 años de edad es soltera tiene 5 hijos, vive con los hijos de 28, 24, 22 , 18 y 9 años de edad en Guaranda provincia de Bolívar.
Es integrante de la VRC PANGUA, se encuentra ubicado en la comunidad Pangua Chaupiyacu, Parroquia Guanujo Cantón Guaranda, La comunidad está a 15 minutos de la Oficina Los miembros de la Ventanilla Pangua se dedican la mayoría a la Agricultura y ganadería y también a otras actividades donde obtienen mayores ingresos económicos como: el comercio y la construcción.
Margarita se dedica a la agricultura, tiene sembríos de papas además tiene ganado, ovejas, chanchos, terrenos en sembríos y 4 cuadras de terreno y vive en casa propia.
Las comparas y las ventas lo realiza en Guaranda.
Solicita el crédito para comprar ganados, ovejas y abonos. Con la ayuda del préstamo mejorará la situación económica de la familia.
El sueño es poder comprar una casa y conocer otra ciudad.
Los desafíos a los que se enfrenta es la situación económica, y en la agricultura la sequia en el verano.
En el tiempo libre le gusta descansar, tejer, a veces sale a pasear con la familia y visitar a los familiares lejanos.

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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Margarita to buy cattle, sheep, and compost.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 26, 2011
Listed
Dec 2, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013