Mentor is thirty-nine years old, married, and lives with his wife and three children in the Chillanes canton in the province of Bolívar.
The loan group Luz y Progreso [Light and Progress] is located in the San José de Guayabal area, in the Chillanes canton. This loan group is devoted to short term agricultural work; i.e. cultivating corn, beans, and peas.
Mentor began working as a farmer cultivating corn, beans, and berries three years ago. He makes his purchases and sales in Chillanes.
He is requesting the loan to purchase manure, urea, and liquid fertilizers for use in cultivating corn, beans, and berries. The loan has helped him to increase his revenue so as to provide for his family and to invest. His dream is to increase his berry fields so as to have more income, and also a better quality of life. He enjoys playing football [soccer], and is looking forward to the arrival of the Carnival festival.
Mentor tiene 39 años de edad es casado vive con la esposa y con los 3 hijos en el Cantón Chillanes provincia de Bolívar.
La ventanilla LUZ Y PROGRESO se encuentra ubicada en el Recinto San Josè de Guayabal, perteneciente al cantón Chillanes, esta ventanilla se dedica a labores agrícolas de ciclo corto siembre de maíz, mora, fréjol.
Mentor se dedica a la agricultura a la siembra de maíz, fréjol, mora desde hace tres años. Las compras y las ventas lo hace en Chillanes.
El crédito solicito para la compra de abono, urea, líquidos fertilizantes para la siembra del maíz, fréjol, mora. El préstamo le ayudado para aumentar los ingresos para el consumo de la familia y para invertir. Su sueño es incrementar los sombríos de mora para tener mejores ingresos y así un mejor estilo de vida Le gusta salir a jugar fútbol y que llegue el carnaval.
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!