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Santiago Leonardo

Update on Santiago Leonardo

Santiago Leonardo is 23 years old, he is single, and he lives with his parents in Pueblo Viejo.

He is a member of V.R.C. Unido Somos, which is located in the El Marañón precinct in the canton of Pueblo Viejo, an area dedicated to agriculture - particularly to corn, rice and beans.

Santiago works in agriculture and plants corn, rice and beans. He buys his products and supplies in Agro and sells in Castillo.

He is seeking a credit so that he can plant corn, rice and beans. He needs to buy supplies such as compost and fertilizers for his next harvest. With the money from this loan he will be able to buy what he needs. His challenges are the changing climate and the variation in weather. His dream is to grow his business.

He likes to play sports, especially indoor soccer.
View original language description ↓
Santiago Leonardo tiene 23 años de edad, es soltero vive con los padres en el Cantón Pueblo Viejo.

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.

Santiago 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, abonos 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 en especial el indor.

Previous Loan Details

Santiago Leonardo is 23 years old, single, and lives with his parents in the canton of Pueblo Viejo. The members of the Communal Bank “Unido Somos” (We Are United) meet in the neighborhood of El Marañón in the parish of Puerto Pechiche, which is part of the canton of Pueblo Viejo. The Communa... More from Santiago Leonardo's previous loan »

Additional Information

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!

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.

About Ecuador

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $25,071,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Santiago Leonardo to buy farming supplies, composts, and fertilizers for his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Aug 16, 2012
Sep 6, 2012
Currency Exchange Loss:
Sep 19, 2013