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Milton Lorenzo
Milton Lorenzo, 37, is in a free union and has two children; he lives with his wife and children in the city of Ventanas, Los Ríos Province. He’s a member of “La Victoria” communal bank located in Recinto Pantano belonging to Ventanas Canton; they work in agriculture and animal husbandry.

Milton Lorenzo works growing corn and rice. He will make his purchases in the city of Ventanas and is requesting the loan to buy seeds, fertilizer, insecticide and Ranger [herbicide]. With help from the loan he will be able to plant and improve his income. The challenges he faces are infestations and crop illnesses. He likes playing volleyball in his free time.
View original language description ↓
MILTON LORENZO tiene 37 años de edad de estdo civil unión libre tiene dos hijos, vive con la esposa y con los hijos en la ciudad de Ventanas Provincia a de los ríos.

Es integrante de la VRC LA VICTORIA, se encuentra ubicada en el Recinto Pantano, pertenece al Cantón Ventanas se dedican a labores Agrícolas y Pecuarias.

MILTON LORENZO se dedica a la siembra de maíz, arroz. Las compras las realizarà en la ciudad de Ventanas. Solicita el crèdito para comprar semillas, urea, fertilizantes, insecticidas, ranger.

Con la ayuda del crédito podrá sembrar y mejorar los ingresos. Los desafìos a los que se enfrentan son las plagas y enfermedades en los cultivos.

En el tiempo libre le gusta jugar boli.

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
  • 19
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Milton Lorenzo to buy seeds, urea, fertilizer, insecticide and Ranger [herbicide].
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 21, 2013