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Angel Miguel
Ángel Miguel is 53 years old, married with five children, and lives with his wife and children in San Miguel in the Province of Bolívar. His children are twenty-nine, twenty-three, twenty-one, nineteen, and thirteen years old.

The VRC [Ventanillas Rurales Crédito, or Window to the Countryside Loan] is called Yagui Chico, after the community which is twenty minutes from the Canton of San Miguel, and whose members work in agriculture to provide their families with a source of income.

Ángel works as a farmer to provide for his family. He grows mostly corn and wheat.

His purchases and sales occur mostly in San Miguel, while he raises the corn in his community.

He is requesting the loan for agricultural purposes – to purchase seeds, fertilizers, urea [a nitrogen-rich additive], and liquid herbicides.

With the help of the loan, he has been able to purchase the seeds and fertilizers necessary to be able to plant his crops.
His dream is to be able to purchase land, and that his children complete their studies and have professions.
The frost and strong winds that damage his corn crops are the challenges he faces.
In his free time he likes to take walks with his family during the Christmas festivities.
View original language description ↓
Ángel Miguel tiene 53 años de edad es casado tiene 5 hijos, vive con la esposa y con los hijos de 29, 23, 21, 19 y 13 años de edad en San Miguel Provincia de Bolívar.

La VRC SE LLAMA Yagui Chico tiene el nombre de la Comunidad, se encuentra a 20 minutos del Cantón San Miguel y se dedican a la agricultura como fuente de ingresos de la familia.

Ángel se dedica a los trabajos de la agricultura para mantener a mi familia lo que más produce es el maíz y el trigo.

Las compras y las ventas lo hace en San Miguel y el choclo en la comunidad.

Solicita el crédito para la agricultura y comprar semillas, abonos, urea, líquidos para la maleza.

Con la ayuda del crédito ha podido comprar lo necesario para poder sembrar como las semillas, abonos agrícolas.
El sueño es poder comprar terreno y que los hijos culminen los estudios y sean profesionales.
El desafío que se le ha presentado es la lancha y los fuertes vientos que dañan el cultivo de maíz.
En el tiempo libre le gusta salir de paseo con la familia las festividades del Divino Niño.

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
  • 106
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Angel Miguel for agricultural purposes – to purchase seeds, fertilizers, urea [a nitrogen-rich additive], and liquid herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 21, 2011
Listed
Dec 22, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012