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Felipe Francisco

Update on Felipe Francisco

Felipe Francisco, 47, lives with his common-law wife and children in Ventanas in Los Ríos Province. He is a member of the communal bank EL RECREO, in a sector of the San Vicente Las Lomas Community which belongs to Ventanas Canton. Here, people work in agriculture and livestock farming.

Felipe Francisco farms corn and beans and raises chickens. He is requesting a loan to buy seeds, urea, insecticides, liquid weedkiller and balanced animal feed for the chickens.

The loan will help him buy everthing he needs; and he will purchase the supplies in Ventanas in Los Ríos Province.

His goal is to buy all he needs for his crops and a patch of land to continue farming. In his free time, he enjoys sports.
View original language description ↓
Felipe Francisco tiene 47 años de edad vive en Unión Libre tiene dos hijos, vive con la esposa y con los hijos en ventanas provincia de los Ríos.

Es integrante de 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.

Felipe Francisco se dedica a la agricultura a la siembra de maíz, fréjol y la crianza de pollos. Solicita el crédito para comprar semilla, urea, insecticidas, líquido para la maleza y para balanceado de engorde y morocho para los pollos.

Con la ayuda del crédito podrá comprar lo necesario. Las compras lo harán en Ventanas provincia de los Ríos.

El sueño es poder comprar lo necesario para los cultivos y un terreno para seguir sembrando. En el tiempo libre le gusta jugar hacer deporte.

Previous Loan Details

Felipe Francisco is 46 years old and lives with his common-law wife and two children in Ventanas, in los Ríos province. He is a member of the 'El Recreo' community bank which is located in San Vicente Las Lomas, in Ventanas canton. The members of this community bank work in farming and livest... More from Felipe Francisco'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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,098,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Felipe Francisco to buy seed, urea, insecticides, liquid weed killer and balanced animal feed for the 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