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Jorge Wilson
Jorge Wilson is 46. He lives in a common law marriage and has 2 children, who are 14 and 15. He lives with his wife and kids in San Joaquín in the Montalvo canton in the Los Ríos province. The San Joaquín communal bank is located 15 minutes from the Montalvo office. It is made up of 12 members. Jorge Wilson makes a living through agriculture and grows rice, soy, and corn. With this money, he also wants to rent more land with the goal of obtaining more profits from his products. He is requesting the loan to buy fertilizers, insecticides, herbicides, and liquids to guarantee his harvest. He makes his purchases and sales in Montalvo on a weekly basis. His dream is to buy his own land, to produce more, and to build his own home. The challenges he faces are losing his crops, especially due to pests or the constant rainy season.
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JORGE WILSON, de 46 años de edad, mantiene una relación de unión libre tiene dos hijos de 14 y 15 años, vive con su esposa e hijos, en el Recinto San Joaquín del cantón Montalvo, Provincia de Los Ríos.

La VRC San Joaquín se encuentra a 15 minutos de la oficina Montalvo, está conformada por 12 socios.

JORGE WILSONse dedica a la agricultura especialmente al cultivo de arroz, soya y maíz, con este dinero quiere también arrendar más terreno con la finalidad de obtener más ganancias en la producción de los productos de la costa.

Solicita el crédito para comprar, abonos, insecticidas, herbicidas y líquidos para garantizar su cosecha. Las compras y ventas las realiza en la ciudad de Montalvo de manera semanal.

El sueño es comprar terreno propio, para producir más y construir su vivienda propia. Los desafíos a los que se enfrentan son las pérdidas de los cultivos, especialmente por plagas o estación invernal constante.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Jorge Wilson to buy fertilizer, insecticides, herbicides, and liquids to guarantee his harvest.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 14, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013