Miguel Angel is 57 years old, married, and lives with his wife and two children. He lives in Montalvo, Province of Los Ríos.
The communal bank is called PITA and is located in Recinto San Pablo de Pita belonging to the Caluma Canton 45 minutes away from Montalvo. This bank devotes itself to agricultural labors, tending to crops of oranges, bananas, orito (wild bananas), cocoa and coffee. Miguel devotes himself to tending crops of cocoa, bananas, and coffee since these are long-cycle products. He makes his purchases at Comercial San Rafael in Caluma and sells in Montalvo.
He is requesting the loan for the purchase of supplies such as fertilizer, urea, fungicides and Ranger for weeds, brush and crop diseases. The loans have helped him improve the quality of his product and avoid losses of the crops.
Miguel’s dream is to purchase some land in order to continue growing crops. He likes to play sports with his friends in the neighborhood.
Miguel Angel tiene 57 años es casado vive con la esposa y con los hijos tiene 2 hijos. Vive en Montalvo Provincia de Los Ríos.
La ventanilla se llama PITA se encuentra ubicada En el Recinto San Pablo de Pita perteneciente al Canton Caluma a 45 minutos de Montalvo esta ventanilla se dedica a labores agrícolas a mantener los cultivos de naranja, guineo, orito, cacao y café.
Miguel se dedica a cuidar las plantaciones de cacao, guineo y cafe ya que estos productos son de ciclo largo, las compras las realiza en Comercial San Rafael en Caluma y las vende en Montalvo.
El credito lo solicita para la compra de insumos como:abonos, urea y fungicidas para la malesa o mala herva, ranger para las enfermedades en los cultivos . El credito le ayudado a incrementar la calidad de los productos y evitar pérdidas en los cultivos. El sueño de Miguel es compara as terreno para seguir sembrando.
Le gusta hacer deporte con los amigos del barrio.
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!