René, 31, is married and has a son; he lives with his wife in a rented apartment. He works in agriculture; he grows corn on leased land. René needs the money to buy manure and fertilizer. The money will help him invest in the corn and to pay the men who help him do the work. René’s dream is to work more to have money to buy a house and a car. He likes to play sports and to rest in his free time.
RENE TIENE 31 AÑOS ES CASADO TIENE UN HIJO Y VIVE CON LA ESPOSA EN UN DEPARTAMENTO ARRENDADO.
EL SE DEDICA A LA AGRICULTURA A LA SIEMBRA DE MAIZ EN TERRENOS ARRENDADO, RENE NECESITA EL DINERO PARA INVERTIR EN ABONOS Y FERTILIZANTES EL DIENRO LE AYUDADO A INVERTIR EN EL MAIZ Y A PAGAR A LOS SEÑORES QUE LE AYUDAN CON EL TRABAJO.
EL SUEÑO DE RENE ES TRABAJAR MAS PARA TENER DINERO PARA COMPRAR UNA CASA Y UN CARRO
EN LOS TIEMPOS LIBRES LE GUSTA HACER DEPORTE Y DESCANSAR.
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!