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Marlene Mercedes

Update on Marlene Mercedes

Marlene Mercedes, 34, lives in a common-law relationship and has three children. She lives with her partner and children in Rancho Grande precinct in Ventanas canton. Bendición de Dios [God's Blessing] communal bank has 11 members and is located in Rancho Grande precinct in Puerto Pechiche parish, about 45 minutes from our office.

Marlene Mercedes grows corn and rice and also raises chickens and pigs. She is applying for a loan to buy corn seed, fertilizer, urea, pesticides, and Ranger weed killer. She purchases supplies and sells her products in Ventanas every two weeks. She dreams of buying a farm. Her challenges are the locusts and fall armyworms that attack the crops. She likes to tend to her animals in her free time and says she is grateful for the previous loan, which helped her a lot.
View original language description ↓
MARLENE MERCEDES, de 34 años de estdao civil unión libre, tiene 3 hijos, vive con el conyugue y los hijos, en el Recinto Rancho Grande, perteneciente al cantón Ventanas.

La VRC Bendición de Dios se encuentra ubicada en el Recinto Rancho Grande de la parroquia Puerto Pechiche a 45 minutos de la oficina, está conformada por 11 socios.

MARLENE MERCEDES se dedica a la agricultura a la siembra de maíz, arroz, además se dedica a la crianza de gallinas y cerdos. Solicita el crédito para comprar semillas de maíz comprar fertilizantes, urea, insecticidas,lìquidos para combatir las plagas, ranger.

Las compras y las ventas lo hacen en Ventanas cada 15 días. El sueño es comprar una finca. Los desafíos a los que se enfrentan son las plagas que se presentan en los cultivos cómo la langosta y el cogollero.

En el tiempo libre le gusta cuidar a los animales.
"Marlene esta muy agradecida por anterior crédito que le ha servido de mucha ayuda."

Previous Loan Details

Marlene Mercedes, 33, lives in a common-law relationship. She has three children, ages 5, 1, and 3 months. She lives with her partner and the children in the Rancho Grande precinct of Ventanas Canton. Bendición de Dios Communal Bank is located in the Rancho Grande precinct of the parish of P... More from Marlene Mercedes'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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Marlene Mercedes to buy corn seed, fertilizer, urea, pesticides, and Ranger weed killer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Aug 30, 2012
Sep 24, 2012
Currency Exchange Loss:
Mar 17, 2013