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Luis Antonio

Update on Luis Antonio

Luis Antonio, 25, is single living with his parents; he has no children. He lives in Ventanas in the Los Ríos Province.

The “26 de Noviembre” communal bank is located in the El Achotillo District. He moved districts in order to be closer to the Cooperative. This district is part of Cantón Ventanas. This communal bank is dedicated to to short cycle corn, rice and pigeon pea farming.

Luis Antonio is a corn, rice and pigeon pea farmer, as well as a pig and chicken farmer. he buys and sells in Ventanas.

The loan will be used to buy seeds, fertilizer, organic fertilizers, urea and insecticide that are commonly used for crops.

The loan has helped him increase the family income and to invest seeds and supplies.

His dream is to buy a house, a plot of land and a car. During his free time he likes to play sports.
View original language description ↓
Luis Antonio tiene 25 años de edad de estado civil soltero no tiene hijos, vive en casa de sus padres. Vive en Ventanas Provincia de Los Ríos.

Ventanilla 26 DE NOVIEMBRE se encuentra ubicada en el Recinto el achotillo se traslado de recinto porque le queda más cerca a la Cooperativa, este Recinto pertenece al Cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembra de maíz, arroz y frejol gandul.

Luis Antonio se dedica a la agricultura a la siembra de maíz, arroz y frejol gandul, además se dedica a la crianza de cerdos y gallinas las compras y las ventas las realiza en Ventanas.

El crédito solicito para la compra de semillas, fertilizantes, abonos orgánicos, urea, insecticidas entre los más usados para el cuidado de los cultivos. El préstamo le ayudado para aumentar los ingresos de la familia y para invertir en la siembra en semillas e insumos. Su sueño es comprar una casa un terreno y un carro.

En los tiempos libres le gusta hacer deporte.

Previous Loan Details

Luis Antonio, 24, is single living with his parents; he has no children. He lives in Recinto Las Blancas in Ventanas Canton, Los Ríos Province. The “26 de Noviembre” communal bank is located in Recinto Las Blancas belonging to Ventanas Canton. This communal bank is dedicated to short cycle c... More from Luis Antonio'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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,104,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Luis Antonio to buy seeds, fertilizer, organic fertilizers, urea and insecticide.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 6, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013