Update on Segundo CristobalSegundo Cristobal is 38 years old. He is married and lives with his wife and children, ages 6 months and 3 years, in Ventanas canton, De Los Rios province.
The members of the "El Divino Niño" communal bank live in the Estero Lindo community in Ventanas canton. The members of the communal bank work in short-cycle farming, growing corn and rice.
Segundo Cristobal is a farmer, and grows corn and rice. He buys his products in Ventanas.
He is applying for the loan to buy seeds, fertilizers, insecticides and herbicide. With the help of the loan, he will be able to buy what he needs for his crops.
He faces challenges such as crop pests and lack of money to pay more workers. His dream is to buy a farm and a car.
In his free time he likes sports and going for walks.
Los miembros de la V.R.C. EL DIVINO NIÑO, se encuentra ubicada en el recinto Estero Lindo, perteneciente al Cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto como siembre de maíz y arroz.
Segundo Cristobal se dedica a la agricultura a la siembra de maíz y arroz. Compra los productos en Ventanas.
Solicita el crédito para comprar semillas, abonos, insecticidas, ranger. Con el apoyo del crédito podrá comprar lo necesario para los cultivos.
Enfrenta desafíos como plagas en los cultivos y la falta de dinero para pagar a mas trabajadores. El sueño es comprar una finca y una carro.
En el tiempo libre le gusta el deporte y pasear.
Previous Loan DetailsSegundo Cristobal, 37, is married and lives with his wife and 3-year-old son in the Ventanas Canton in the province of Los Ríos. The communal bank EL DIVINO NIÑO is located in the Estero Lindo community which belongs to the Ventanas Canton. This group is involved in growing short-cycle crops,… More from Segundo Cristobal'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
- Jul 23, 2012
- Aug 28, 2012
- Currency Exchange Loss:
- Feb 15, 2013
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.