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
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!