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Alonso Edison

Update on Alonso Edison

Alonso Edison is a single 35-year-old who does not have any children. He lives in a relatives' house in Ventanas, in the province of Bolívar.

He is a member of the El Recreo Communal Bank, which is located in the rural community of San Vicente Las Lomas, which is in the canton of Ventanas. This communal bank focuses on the fishing and agricultural industries.

Alonso Edison works in agriculture in the sowing of soft corn and rice, and he also raises chickens. He is applying for the loan to buy seeds, urea, fertilizers, insecticides and balanced feed for the chickens. With the help of the loan, he could buy fertilizers for the crops and feed for the chickens. His dream is to be able to improve his lifestyle with increased profits.

In his free time he likes to play sports and meet with his neighborhood friends to chat.
View original language description ↓
Alonso Edison tiene 35 años de edad es soltero no tiene hijos, vive en casa de unos familiares en Ventanas provincia de Bolívar.

Pertenece a la VRC EL RECREO, se encuentra ubicada en el sector del recinto San Vicente las lomas, Perteneciente al Cantón Ventanas, esta ventanilla se dedica a labores pecuarias y agrícolas.

Alonso Edison se dedica a la agricultura a la siembra de maíz suave, arroz ademas se dedica ala crianza de pollos. Solicita el crédito para comprar semillas, urea, fertilizantes, insecticidas y balenciado para los pollos

Con la ayuda del crédito podrá comprar los fertilizantes para los cultivos y dar alimento a los pollos. El sueño es poder mejorar el estilo de vida teniendo mayores ingresos. En el tiempo libre le gusta hacer deporte y reunirse con los amigos del barrio a conversar.

Previous Loan Details

35-year old Alonso Edison is single and doesn’t have any children. He lives in the home of some relatives in Ventanas, in the province of Bolívar. He’s a member of VRC El Recreo located in San Vicente las Lomas in Ventanas canton. The members earn their living through cattle raising and… More from Alonso Edison'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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,842,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Alonso Edison to buy seeds, urea, fertilizers, insecticides and balanced feed for chickens.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 19, 2013