Lorenzo is 29 years old, single, and has a daughter. He lives with her in Chimbo Canton, Bolivar Province. Lorenzo sells sandals at retail.
Lorenzo is requesting a loan for buying merchandise to sell at the local fair. He makes his purchases in the city of Guayaquil every 15 days.
Lorenzo's dream is to improve his business in order to better his family's quality of life. The challenge he confronts, at times, is loss of business to the competition. Lorenzo likes to spend his free time with his daughter.
Lorenzo tiene 29 años de edad es soltero tiene una hija vive con su hija en el Cantón Chimbo Provincia Bolívar.
Lorenzo se dedica a la venta de sandalias al por menor.
Solicita el crédito para la adquisición de mas mercadería para la feria.
Las compras lo realizan en Guayaquil cada 15 días.
Su sueño es mejorar el negocio para así mejorar la calidad de vida de mi familia.
El desafío que enfrenta es a veces la perdida en el negocio por la competencia.
En el tiempo libre le gusta pasear con la hija.
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!