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Hermel Gualberto
Hermel is 62 years old. He is married, and lives in San Miguel with his wife and children.

He is farmer, and grows corn on his own land. He will use the money to buy agricultural supplies, fertilizers and manure. He will make his purchases at the store in Guaranda.
View original language description ↓
HERMEL TIENE 62 AÑOS ES CASADO VIVE EN SAN MIGUEL CON EL ESPOSO Y CON LOS HIJOS

SE DEDICA A LA AGRICULTURA A LA SIEMBRA DE MAIZ EN TERRENOS PROPIOS. EL DINERO LO UTILIZA PARA LA COMPRA DE INSUMOS Y FERTILIZANTES Y ABONOS LAS COMPRAS LAS REALIZA EN GUARANDA EN COMERCIAL

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

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,400 helped Hermel Gualberto to buy agricultural supplies and fertilizers.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
N/A
Expired:
Sep 26, 2012