Luis Baltazar Humberto
Update on Luis Baltazar HumbertoLuis is 72 years old. He is married and lives with his wife and their four children in Chillanes, in the province of Bolivar in the community of Santa Rosa de Cerrito.
Luis is a member of the lending group VRC of San Isidro which was formed in the community of Santa Rosa de Cerritos. It is 40 minutes away from the cooperative's offices. They are people who are dedicated to farming and to raising animals.
Luis is dedicated to farming, planting beans, maize and blackberries, as well as to raising animals like cattle. He is requesting the loan to plant beans and to buy seed and fertilizer, which is necessary for his farming. He will make the purchases in the city of Chillanes.
His dream is to have health to keep living and to have good production. The challenges that he faces are illnesses that do not allow him to work. In his free time, he likes to go out into town to walk around and to visit his children and to go to the community celebrations.
Luis es integrado a la ventanilla VRC de San Isidro se encuentra formado en la comunidad de Santa Rosa de Cerritos, es una distancia de 40 minutos de la oficina de la cooperativa, son personas que se dedican a la agricultura y a la crianza de animales
Luis se dedica a la agricultura a la siembra de frejol, maíz, mora, y a la crianza de los animales como ganado.
Solicita el crédito para la siembra de frejol y para la compra de semilla, abonos, que es necesario para su agricultura.
La compra lo realiza en la ciudad de Chillanes.
El sueño es tener salud para seguir viviendo y tener buena producción.
Los desafíos que se enfrenta es las enfermedades que no permiten trabajar.
En el tiempo libre le gusta salir al pueblo a pasear y visitar a los hijos y salir a las fiestas de la comunidad
Previous Loan DetailsLuis Baltazar Humberto, 67, is married and lives with his wife and children. They have 4 children who are still minors and live with them in Chillanes in the province of Bolivar. The lending group San Isidro is made up of 10 members in the canton of Chillanes, 45 minutes from the main office.… More from Luis Baltazar Humberto'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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- At end of term
- Mar 26, 2013
- Apr 25, 2013
- Currency Exchange Loss:
- Apr 30, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.