Check out other loans that are currently fundraising!
Maria Magdalena
Magdalena is 43 years old. She is married and has seven children. She lives with her husband and children in the canton of Chillanes, in Bolívar Province.

She belongs to the Azanloma solidarity group in Cantón Chillanes. Its members work in agriculture, raising animals, and selling products. The community is located about thirty minutes from the co-op in Chillanes.

Magdalena works as a farmer, growing beans and corn, and raising animals like cattle, pigs, and chickens. She is requesting this loan to purchase bull calves. She makes her purchases in the town of Chillanes.

Her dream is to buy land in a different sector and give her children an education. The challenge she faces is the presence of pests and late blight on the crops. In her free time, she enjoys being with her family and participating in the local festivities.
View original language description ↓
Magdalena tiene 43 años de edad es casada tiene 7 hijos vive con sus hijos y su esposo en el Cantón

Chillanes Provincia Bolívar.



Es integrante de ventanilla azanloma perteneciente al Cantón Chillanes, la actividad económica es la

agricultura, crianza de animales y el comercio.





La comunidad se encuentra en unos 30 minutos de la oficina de la cooperativa en Chillanes.




Magdalena se dedica a la a la agricultura como a la siembra de frejol, maíz y a la crianza de animales como

los ganados, cerdos y pollos.



Solicita el crédito para la compra de torete.




La compra lo realiza en la ciudad de Chillanes.




Su sueño es comprar terreno en otro sector y dar el estudio a los hijos.




El desafío que enfrenta es presencia de plagas y lanchas en los cultivos.




En el tiempo libre le gusta dedicarse a la familia y fiestas de la comunidad.



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!

About Ecuador

  • $10,200
    Average annual income
  • 11
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Magdalena to purchase bull calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 24, 2014