Update on Wilson AgustinWilson Agustin is 45 years old, is in a common-law relationship, and does not have children. He and his wife live in Ventanas canton, in Los Ríos province. The Cevallos Communal Bank is located in the San Francisco precinct, in the San Juan parish, an old town where people make their living in agriculture.
Wilson Agustin raises pigs and chickens. He is requesting the loan to purchase pigs, chickens, and ducks. The loan will help him increase his business. He makes his purchases and sales in San Juan and Babahoyo. He dreams of expanding his business. The challenge that he faces is the competition. In his spare time, he thinks about ways to invest in his business to increase profits.
VRC CEVALLOS, SE ENCUENTRA UBICADA EN EL RECINTO SAN FRANCISCO, PERTENECE A LA PARROQUIA SAN JUAN DE PUEBLO VIEJO SE DEDICAN A LABORES AGRICOLAS.
Wilson Agustin se dedica a la cría de cerdos, pollos. Solicita el crédito para comprar pollos, cerdos, patos.
Con el apoyo del crédito va incrementar su negocio. Realiza sus compras y ventas en San Juan y Babahoyo.
El sueño del señor es tener un negocio mas grande.
El desafío al que se enfrenta es la competencia.
En su tiempo libre piensa en que puede invertir para incrementar su utilidad.
Previous Loan DetailsWilson Agustin is 44, is in a common-law relationship, and doesn't have children. He lives with his wife in Ventanas canton, in Los Ríos province. He is a member of the "Cevallos" communal bank, located in Recinto San Farancisco, which is part of San Juan del Pueblo Viejo parish in Ventanas. ... More from Wilson Agustin'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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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- At end of term
- May 31, 2012
- Jun 25, 2012
- Currency Exchange Loss:
- Dec 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.