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Jose Miguel
José Miguel is 22 years old and is single with one son. He lives with his parents in the city of Guaranda, in the Bolívar province.

José Miguel works as a contracted construction worker. He is asking for a loan to buy himself a motorcycle and tools like a hammer, saws, a screwdriver, and a monkey wrench for his work to make it easier for him to travel and for the well-being of his family.

With the help of this loan, he will be able to make more profits for himself to give an education to his son and help out his family. He is usually able to buy his tools in Ventanas.

His dream is to buy a personal vehicle for his sole use and for his family's convenience. His greatest struggles currently are with the bad weather. In his free time he likes to sit quietly, relaxing and watching television.
View original language description ↓
José Miguel tiene 22 años de edad tiene un hijo es soltero, vive con sus padres en la ciudad de Guaranda Provincia de BOLÌVAR.
José Miguel trabaja como albañil mediante contratos.
Solicita el crédito para comprar una moto y herramientas como martillo, serruchos, desarmador, llave inglesa, de trabajo para facilitar su medio de transporte y para el bienestar de su familia.
Con la ayuda del crédito podrá tener mayores ingresos y beneficio para si mismo, para dar la educación a su hijo y ayudar a su familia.
Las compras de las herramientas lo realizan frecuentemente en la ciudad de Ventanas.
El sueño es poder comprar un vehículo para uso exclusivo y comodidad para el y su familia.
Los desafíos a los que se enfrenta son las malas condiciones climáticas.
En el tiempo libre le gusta estar tranquilo, descansando, y mirando televisión.

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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jose Miguel to buy a motorcycle and tools like a hammer, hand saws, a screwdriver, and monkey wrench.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013