Update on Petita AngelicaPetita Angelica is 30 years old and is in a common-law marriage. She has two children. She lives with her children and partner in Ventanas, in the province of Los Ríos.
The La Verdad Nos Hará Libres ("Truth Will Make Us Free") Communal Bank is located in the community of Caimito 1, which belongs to the canton of Ventanas. This communal bank is dedicated to agricultural crops on the short growth cycle, such as corn and rice.
Petita Angelica makes a living sowing corn and rice. She buys her products in Ventanas and sells them in the same city.
She has applied for this loan to buy seeds, supplies, fertilizers, urea, and liquids to sow corn and rice. The loan will help her to buy manure for the sowing process and to increase her profits for the well-being of her family.
Her dream is to buy land and a house. In her free time, she likes to listen to music.
La ventanilla LA VERDAD NOS HARA LIBRES se encuentra ubicada en el Recinto Caimito 1, perteneciente al cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembre de maíz y arroz.
Petita Angelica se dedica a la agricultura a la siembra de maíz, arroz. Compra sus productos en Ventanas y las vende en la misma ciudad.
El crédito solicito para la compra de semillas, insumos, fertilizantes, urea, líquidos para la siembra del maíz y arroz. El préstamo le ayudado para comprar los abonos para las siembras y aumentar los ingresos para el bienestar de la familia. El sueño es comprar tierra y una casa. En los tiempos libres le gusta escuchar música.
Previous Loan DetailsPetita Angélica, 29, is single and lives with her two children who are 16 and 12 years of age in Recinto Caimito in Ventanas Canton. The “La Verdad Nos Hará Libres” (The Truth Shall Make Us Free) communal bank is located in Recinto Caimito 1 belonging to Ventanas Canton. It is dedicated to ... More from Petita Angelica's previous loan »
About Cooperativa San JoseThis 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.
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Success!! The loan was 100% repaid