Update on Marco AntonioMarco is 31 years old. He is in a common-law marriage and has a son. He lives with his partner and three-year-old son in Chillanes, in the province of Bolivar.
The communal bank "Virgen de Baños" was formed in the Mama Sara de Cerritos community, which is about 30 minutes from the cooperative office. The members work in agriculture, raising animals, and business.
Marco works in agriculture, growing beans and blackberries. He is applying for the loan to buy seeds, fertilizers, and herbicides. He makes his purchases and sales in Chillanes.
With the help of the loan he will be able to buy compost to improve his crops. His dream is to have a good production, have greater economic income, and improve his living conditions. The challenges that he faces are the lack of knowledge for investing and having good production.
In his free time he likes to play volleyball and indoor soccer and enjoy community festivals and carnival.
La VRC VIRGEN DE BAÑOS está formada por en la comunidad mama Sara de Cerritos, a una distancia de 30 minutos de la oficina de la Cooperativa. Los socios se dedican a la agricultura,crianza de animales y comercio.
MARCO se dedica a la agricultura a la siembra de fréjol y mora. Solicita el crédito para comprar semillas, fertilizantes, herbicidas. Las compras y las ventas lo hará en Chillanes.
Con la ayuda del crédito podrá comprar los abonos para mejorar los cultivos. El sueño es tener una buena producción, tener mayores ingresos económicos, mejorar las condiciones de vida. Los desafíos a los que se enfrenta es la falta de conocimientos para invertir y tener biuena producción.
En el tiempo libre le gusta jugar boly, indor y disfrutar de las fiestas de la comunidad y el carnaval.
Previous Loan DetailsMarco Antonio is 29 years old. He is single and has a son. He lives with his parents and his son, who is 1 year old, in Chillanes in the province of Bolivar. The communal bank Virgen de Baños was formed in the Mama Sara community in Cerritos. The members dedicate the greater part of their time to… More from Marco 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