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Teofilo Eulogio

Update on Teofilo Eulogio

TEOFILO EULOGIO is 25 years old. He is married and has a son. He lives with his wife and son in Ventanas, Los Ríos province.

He is a member of the La Unión communal bank. It is locaed in the community of Aguas Frías, which is in the Ventanas canton. This bank is dedicated to short cycle agriculture such as corn, rice and beans.

TEOFILO EULOGIO plants corn and beans. He is asking for the loan to buy seeds, fertilizer. With the help of the loan, he will be able to buy the fertilizer he really needs for his crops.

He makes his purchases in Ventanas. His dream is to remodel his house. The challenge he faces are pests such as locusts and orozco. In his free time, he likes to watch television and soccer.
View original language description ↓
TEOFILO EULOGIO tiene 25 años de edad es casado tiene un hijo, vive con la esposa y con el hijo en Ventanas provincia de los Ríos.

Es integrante de la Vrc La Unión, se encuentra ubicada en el recinto aguas frías, perteneciente al Cantón Ventanas, esta ventanilla se dedica a Labores agrícolas de ciclo corto siembra de maíz, arroz, frejol.

TEOFILO EULOGIO se dedica a la siembra de maíz, fréjol. Solicita el crédito para comprar semillas, abonos, urea, insecticidas, fertilizantes, Con la ayuda del crédito podra comprar los fertlizantes que tanto le hace falta para los cultivos.

Las compras lo hace en Ventanas. El sueño es remodelar la casa. El desfío al que se enfrenta son las plagas la langosta y el orozco.
En el tiempo libre le gusta ver televisión y ver el futbool.

Previous Loan Details

Teofilo Eulogio is 25 years old, married, and has a son. He lives with his wife and son in Ventanas, in the province of Ríos. He is a member of the communal bank La Unión, which is located in the precinct of Aguas Frías, belonging to the village of Ventanas. This communal bank is dedicated to… More from Teofilo Eulogio'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

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Teofilo Eulogio to buy seeds, fertilizer, urea, and insecticides.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013