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Reina Argentina

Update on Reina Argentina

Reina, 39, lives in a free union and has two children. The family lives in Ventanas canton in Los Ríos province. She belongs to the communal bank SAN JUAN in the San Francisco district of San Juan parish. She is a farmer. She is also a merchant and plants corn and rice. She is applying for a loan to buy seed, fertilizer, weed killer, and manure for the crops. The money will help her buy seed without any problem. Her dream is to have money to buy a farm and continue planting. In her free time, she likes to watch television and listen to music.
View original language description ↓
Reina tiene 39 años de edad vive en unión libre tiene dos hijos, vive con el esposo y con los hijos de en el Cantón ventanas Provincia de los ríos.

Es integrante de la VRC SAN JUAN, Se encuentra Ubicada en el Recinto San Francisco, Pertenece a la Parroquia San Juan se dedican a Labores Agrícolas.

Se dedica al comercio y a la agricultura a la siembra de arroz, maíz . Solicita el crédito para la compra de semillas, fertilizantes fungicidas y abonos para los cultivos.

El crédito le será de mucha ayuda para poder comprar las semillas sin ningún tipo de problema por el dinero.
El sueño es tener dienro para poder comprar una finca y seguir sembrando.

En los tiempos libres le gusta ver la television y escuchar musica.

Previous Loan Details

Reina Argentina is 38 years old and lives with her common-law husband and two sons who are 16 and 2 years old. She lives in the Ventanas region of Los Ríos. She is a member of the San Juan Community Bank located in San Francisco in the district of San Juan. The group members work in agricultur... More from Reina Argentina'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

  • $10,200
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,522,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Reina Argentina to buy seed, fertilizer, weed killer, and manure for the crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014