Update on Felix ObtavioFélix is 39 years old and lives with his common law wife and two children, who are 11 and 7 years old, in Pueblo Viejo canton.
The members of the Unidos Somos Communal Bank are located in the El Marañón area of Puerto Pechiche parish belonging to Pueblo Viejo canton. This communal bank engages in short cycle cultivation of maize, rice and beans.
Félix is a farmer growing maize, rice and beans. He buys his products from Comercial Agroinsumos Karlita and sells them in Comercial Castillo.
He is requesting the loan to plant maize, rice and corn and to buy supplies and fertilizer for his crops. Support from the loan will help him to financially meet his needs and to confront challenges such as pest infestations and the unpredictable weather. His dream is to expand his business.
He enjoys playing sports and listening to music.
Los miembros de la V.R.C. UNIDO SOMOS se encuentra ubicada en el recinto El Marañón por la Parroquia Puerto Pechiche perteneciente al Cantón Pueblo Viejo, esta ventanilla se dedica a labores agrícolas de ciclo corto siembra de maíz, arroz y fréjol.
Félix se dedica a la agricultura a la siembra de maíz, arroz y fréjol. Compra sus productos en Comercial Agro insumos Karlita y los vende en el comercial Castillo.
Solicita el crédito para sembrar maíz, arroz y fréjol compra de insumos y fertilizantes para los cultivos. Con el apoyo del crédito le ayudaría económicamente para suplir sus necesidades. Enfrentar desafíos como las plagas y enfermedades y la variedad del clima. Su sueño es incrementar el negocio.
Le gusta practicar el deporte y escuchar música.
Previous Loan DetailsFélix Obtavio is 37 and lives with his common-law wife and their two children, ages 11 and 7, in Pueblo Viejo Canton. The members of the Unidos Somos Communal Bank are located in the Marañón area of Puerto Pechiche Parish in Pueblo Viejo Canton. This solidarity group works in short-growth cyc... More from Felix Obtavio'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