Jaime, 21, is single living with his parents in Ventanas. He works in agriculture growing corn on his own fields. He needs the money to buy manure and fertilizer. Jaime’s dream is to have money to buy a piece of land. He spends his free time resting.
JAIME TIENE 21 AÑOS ES SOLTERA VIVE CON LOS PADRES EN VENTANAS.
SE DEDICA A LA AGRICULTURA A LA SIEMBRA DE MAIZ EN TERRENOS PROPIOS EL DINERO NECESITA COMPRAR DE ABONOS Y FERTILIZANTES.
EL SUEÑO DE JAIME ES TENER DIUNERO PARA LA COMPRA DE UN TERRENO.
EN LOS TIEMPOS LIBRES SE DEDICA A DESCARZAR.
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!