Check out other loans that are currently fundraising!
Fausto Lenin
Fausto Lenin is 18 years old. He is single, and he lives with his parents. He does not have any children. He lives in Recinto America in the Canton of Ventanas.

The group UNIDOS VENCEREMOS ("Together we will Overcome") is located in Recinto America, in the Canton of Ventanas. The group works in the agricultural sector, specifically in the short-cycle harvest of corn and rice.

Fausto has been working growing corn for 3 years. He buys and sells his products in Ventanas.

He is applying for a loan to buy seeds and fertilizer to sow his corn and rice. The loan will help him to increase his income to help his family and also to reinvest. His dream is to have property and a vehicle to transport his products.

Fausto likes to watch television and play sports.
View original language description ↓
Fausto Lenin tiene 18 años es soltero, vive con los padres no tiene hijos. Vive en el Recinto América en el Cantón Ventanas.

La ventanilla UNIDOS VENCEREMOS se encuentra ubicada en el Recinto América, perteneciente al cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembre de maíz y arroz.

Fausto se dedica a la agricultura a la siembra de maíz desde hace 3 años. Compra y vende los productos en Ventanas.

El crédito solicito para la compra de semillas y fertilizantes para la siembra del maíz y arroz. El préstamo le ayudado para aumentar los ingresos para el consumo de la familia y para invertir. Su sueño es tener un terreno y un vehículo para transportar sus productos.

Le gusta mucho ver televisión y hacer deporte.


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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,467,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Fausto Lenin to purchase seeds and fertilizers for corn and rice crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 9, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 27, 2012