Nancy Judith is 29 years old and a single mother with 1 son. She lives with her parents and her 1-year-old son in San Miguel de Bolivar. Nancy works in a shop that sells items made from cotton and wool cloth.
She is requesting a loan to buy wool and cotton thread for a business of her own. With assistance from the loan, she will be able to start her business. She can purchase all she needs in San Miguel.
Her dream is to furnish her shop with the machinery she currently lacks. Among the challenges she faces at present are the lack of stable work. In her free time now, Nancy is preparing a shop for her new business.
NANCY JUDITH TIENE 29 AÑOS DE EDAD ES MADRE SOLTERA TIENE UN HIJO, VIVE CON LOS PADRES Y EL HIJO DE 1 AÑO DE EDAD EN SAN MIGUEL DE BOLÍVAR.
NANCY ES AYUDANTE DE LOCAL DE TEJIDOS DE ALGODÓN Y LANA, SOLICITA EL CRÉDITO PARA COMPRAR HILOS, DE LANA Y ALGODON, PARA EL PROPIO NEGOCIO.
CON LA YUDA DEL CRÉDITO PODRÁ PONER UN NEGOCIO PROOPIO. LAS COMPRAS LAS REALIZARÁ EN SAN MIGUEL.
EL SUEÑO ES AMOBLAR EL LOCAL CON LA MAQUINARIA QUE LE HACE FALTA. lOS DESAFÍOS A LOS QUE SE ENFRENTA SON LA FALTA DE TRABAJO ESTABLE.
EN EL TIEMPO LIBRE LE GUSTA SEGUIR ARREGLANDO EL LOCAL PARA EL NUEVO NEGOCIO.
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!