Check out some available loans that are similar to this one!
Miguel Angel
Miguel Angel is 63 years old, single and has eight children who are 43,41,39,37,35,33,31 and 29 years old. He lives in the city of Guaranda, Bolívar Province.

Miguel Angel is an industrial mechanic. He is requesting the loan to purchase rods, an industrial drill and screws. He will make the purchases in Guaranda.

With the help of the loan, Miguel Angel will be able to purchase the materials that he really needs to be able to work. His challenges are bad weather, competition and illnesses.

His dream is to have sufficient working capital. In his free time, Miguel Angel likes to enjoy himself and go for walks.
View original language description ↓
MIGUEL ANGEL tiene 63 años de edad es soltero tiene 8 hijos de 43,41,39,37,35,33,31,29 años de edad vive en la ciudad de Guaranda Provincia de Bolívar.

Miguel Angel es mecánico industrial. Solicita el crédito para comprar barillas, taladro industrial,tornillos. Las compras las realizará en la ciudad de Guaranda.

Con la ayuda del crédito podrá comprar el material que tanta falta le hace poder trabajar. Los desafíos a los que se enfrenta es el mal clima, la competencia y las enfermedades.

El sueño es tener el suficiente capital de trabajo. En el tiempo libre le gusta jugar y pasear.

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
  • 17
    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 $700 helped Miguel Angel to purchase rods, an industrial drill and screws.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 20, 2014