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German Enrique

Update on German Enrique

German Enrique is 35, married, and has two children. He lives with his wife and children in Ventanas canton in De Los Rios province. He is a member of the "Luchando Por Una Misma Causa" communal bank, located in the rural settlement of La Primavera, which is part of Ventanas canton.

The people in this communal bank work in short-cycle agriculture, growing corn and rice. German Enrique is a farmer and grows corn, rice and pigeon peas. He makes his purchases in Ventanas.

He is applying for the loan in order to buy agricultural supplies such as urea, insecticides, and fertilizers for his crops. With the help of the loan, he will be able to increase his crops. His dream is to finish building his house. The challenges that he faces are beetle pests and mice. In his free time, he likes to play sports and watch television.
View original language description ↓
German Enrique tiene 35 años, Es casado tiene 2 hijos, vive con la esposa y los hijos, en el Cantón Ventanas Provincia de los Ríos.

Es Integrante de la V.R.C. LUCHANDO POR UNA MISMA CAUSA, se encuentra ubicada en el en el Recinto La primavera, perteneciente al Canton Ventans, esta ventanilla se dedica a labores agrícolas de ciclo corto siembra de maíz y arroz.

German Enrique se dedica a la agricultura a la siembra de maíz, arroz y frejol gandúl. Las compras lo hace en Ventanas. Solicita el crédito para comprar insumos, urea, insecticidas y fertilizantes para los cultivos.

Con el apoyo del crédito podra aumentar los cultivos. El sueño es culminer de construir la casa. Los desafíos a los que se enfrentas son las plagas orosco y el ratón. En el tiempo libre le gusta hacer deporte y ver televisión.

Previous Loan Details

German Enrique, 34, lives with his wife, children and in-laws in the Ecuadorean canton of Ventanas. The LUCHANDO POR UNA MISMA CAUSA community bank is in Recinto La Primavera, a rural town in Ventanas. The members operate farming businesses, growing maize and rice. German grows maize, rice... More from German Enrique'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
  • 92
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped German Enrique to buy agricultural supplies such as urea, insecticides and fertilizers for his crops.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013