Pedro Fernando, 22, is married and has a daughter; he lives with his wife and two year old daughter in Guaranda, Bolívar Province.
The “Mushuc Yuyay” communal bank is located thirty minutes from the office and it has ten members in the community of Quivillungo belonging to Guaranda.
Pedro farms blackberries and onions and raises chicks and cattle.
He asks for the loan to be able to buy manure, fertilizer, seeds and urea. His purchases and sales take place in Guaranda every week. The challenges he faces are poor weather and competition. With help from the loan he will be able to buy supplies and increase production.
His dream is to be able to buy a vehicle to transport his products. In his free time he likes playing Indor soccer.
Pedro Fernando tiene 22 años de edad es casado tiene una hija, vive con la esposa y con la hija de 2 años de edad en Guaranda provincia de Bolívar.
La VRC Mushuc Yuyay está ubicada a 30 minutos de la oficina conformada por 10 socios en la comunidad Quivillungo Perteneciente a Guaranda.
Pedro se dedica a la agricultura a la siembra de mora, cebolla, y crianza de pollos y ganado.
Solicita El Crédito Para poder comprar los abonos, fertilizantes, semillas, urea. Las compras y las ventas lo hace en Guaranda cada semana.
Los desafíos a los que se enfrenta son el mal tiempo y la competencia. Con la ayuda del crédito podrá comprar los insumos e incrementar la producción.
El sueño es poder un vehículo para trasportar los productos. En el tiempo libre le gusta jugar indor.
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!