Update on Juan AntonioJuan Antonio, 32, is married and has two children, ages 5 and 9. He lives in Ventanas, Los Rios Province. The communal bank La Verdad Nos Hara Libres (The truth will set us free) is located in the Caimito 1 neighborhood, in the Ventanas canton. The members of this bank work with short-cycle farming of corn and rice. Juan Antonio works in agriculture, planting corn, rice, and beans, in addition to raising chickens and pigs. He buys and sells his products in Ventanas. He is applying for the loan to buy seeds, urea, supplies, fertilizers, herbicide, and animal feed. The loan has helped him to increase his income for the wellbeing of the family. His dream is to build a house for his family. In his free time, he likes to play indoor soccer every weekend.
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.
Juan Antonio se dedica a la agricultura a la siembra de maíz, arroz, fréjol, además se ddeica a la crianza de pollos y cerdos. Compra y vende sus productos en Ventanas.
El crédito solicita para la compra de semillas, urea, insumos, fertilizantes, ranger, balanceado. El préstamo le ayudado para aumentar los ingresos para el bienestar de la familia. El sueño es poder construir la casa para su familia.
En los tiempos le gusta jugar indor todos los fines de semana.
Previous Loan DetailsJuan Antonio is 31 years old, and is married with two children. He lives with his wife and children, aged 4 and 8, in the Caimito district in the Ventanas canton. The communal bank "LA VERDAD NOS HARA LIBRES" is located in the Caimito 1 district, which is part of Ventanas canton. The members... More from Juan Antonio'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