Update on Maria MercedesMaría Mercedes, 62, is married and has two children. She lives with her husband and children in Guaranda, Bolívar Province.
She’s a member of the “Muschuc Ñan” communal bank located in the community of Guanto Cruz, Guanujo Parish, sixty minutes from the office. It has 11 members who work farming blackberries and corn and raise farm animals and dairy cows for cheese production.
María Mercedes farms corn, potatoes and blackberries and also raises chickens and cattle.
She’s asking for the loan to buy a piece of land. With help from the loan she will be able to increase the size of her crops.
She will make the purchase in Guanto Cruz. Her dream is to have a house of her own. The challenges she faces are weather and transportation. In her free time she enjoys playing with her grandchildren and she likes the Christmas Season.
Es Integrante de la VRC MUSHUC ÑAN está ubicada en la comunidad Guanto Cruz parroquia Guanujo a 60 minutos de la oficina conformada por 11 socios y socias se dedica a las labores agrícolas en cultivo de mora, maíz, cría de animales de corral y vacas lecheras para la elaboración de quesos.
María Mercedes se dedica a la agricultura a la siembra de maíz, papas, mora, además a la cría de pollos y ganado.
Solicita el crédito para comprar un terreno, Con la ayuda del crédito podrá incrementar los cultivos.
La compra lo hará en Guanto Cruz. El sueño es poder tener casa propia. El desafío al que se enfrenta es el clima y transporte. En el tiempo libre le gusta jugar con los nietos y disfrutar de la época de navidad.
Previous Loan DetailsMaria Mercedes M. R. is 60 years old. She is married and lives with her husband and 5 children in Guaranda canton, in Bolívar province. The 'GRUPO DE MUJERES MUSHUCÑAN' community bank is located in Guanto Cruz community, in Guanujo parish, in Guaranda canton. The 22 members of this group… More from Maria Mercedes's previous loan »
About Cooperativa San JoseThis 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!
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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