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Laura Magdalena
Laura Magdalena is 27 years old, in a common-law marriage, and has two children. She lives with her common-law husband and children in the city of Ventanas within the province of Los Rios.

She is a member of the communal bank AVANZA. The members work in agriculture and live in the sector of Agua Frías, where they grew up. They mostly work in agriculture or with livestock.

Laura Magdalena works in agriculture planting corn and rice as well as breeding pigs. She will use the loan to buy agricultural inputs, such as urea, insecticides, fertilizer, and Ranger herbicide. With this loan, she will be able to increase her production.

She will buy the supplies in the city of Ventanas every 8 days. The challenge she faces is the lack of money.

She hopes to have more sown fields. In her spare time, she likes to spend time with her family.
View original language description ↓
LAURA MAGDALENA tiene 27 años de edad de estado civil unión libre tiene dos hijos, vive con el conyugue y los hijos en la ciudad de Ventanas Provincia de los ríos.

Es integrante de la VRC AVANZA sus miembros se dedican a la Agricultura todos viven en el Sector del Recinto Agua Frías, prácticamente se han criado en esa zona, se dedican a Labores agrícolas u pecuarias en su mayoría.

LAURA MAGDALENA se dedica a la agricultura a la siembra de maíz, arroz, además se dedica a la crianza de cerdos. Solicita el crédito para comprar insumos, urea,insecticidas, abonos, ranger. Con la ayuda del crédito podrá aumentar la producción.

Las compras las realizará en la ciudad de Ventanas cada 8 días. Los desafíos a los que se enfrenta es la falta de dinero.
El sueño es tener más sembríos. En el tiempo libre le gusta pasar con la familia.

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!

About Ecuador

  • $10,200
    Average annual income
  • 44
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Laura Magdalena to buy agricultural inputs, such as urea, insecticides, fertilizer, and Ranger herbicide.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Oct 26, 2012
Nov 21, 2012
Currency Exchange Loss:
Jul 17, 2013