Update on Pedro OrlandoPedro Orlando is 48 years old, married under common law, and has 5 children. He lives with his wife and children in Ventanas canton, Los Rios province.
Pedro Orlando belongs to the rural “Recinto San Ramon” communal bank, located in Nuevo San Ramon, 12 kilometers from Ventanas. There are 20 members in all who work in short-cycle agriculture (harvesting in 6 months). This is the 1st loan cycle the members have solicited from the Cooperative.
Pedro Orlando is a farmer who cultivates corn, rice, plantains, and cacao. He does his purchasing and his selling every 15 days, depending upon what he plants.
Pedro Orlando requests this loan to buy seeds, fertilizers, urea, ranger, and manures. He believes the loan will help him better administer his work. His dream is to plant cacao and additional corn.
In his free time Pedro Orlando likes to rest.
Es integrante de la Ventanilla rural Recinto San Ramón, que esta ubicada en Nuevo San Ramón, a 12 Km. de Ventanas. Son 20 socios en total, que están trabajando en la agricultura de corto ciclo (cosecha en 6 meses). Esto es el primer crédito que ellos sacan con la Cooperativa.
Pedro Orlando trabaja en la agricultura, cultivando maíz, arroz, plátanos y cacao. Hace sus compras y ventas cada quijnce días depende de la siembra.
Solicita el préstamo para comprar semillas, fertilizantes, urea, ranger y abonos. Piensa que este crédito le ayudara a administrar bien su trabajo. El sueño es sembrar cacao y aumentar las siembras del maíz.
En el tiempo libre le gusta descansar.
Previous Loan DetailsPedro Orlando C. B. is 47 years old and lives in the Ventanas hamlet, located within the Los Ríos province. He has five children, ranging in ages from 9 to 27. Pedro is a member of the “La Ventanilla Rural Recinto San Ramón,” which is located in Nuevo San Ramón, 12 kilometers from Ventanas. T... More from Pedro Orlando'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