José is 50 years old, he is single and has no children, and he lives with some relatives in the town of Chimbo, in the Bolívar province.
José is an auto mechanic. He is requesting a loan to buy winding drums, pliers, screwdrivers and wrenches. Thanks to this loan he will succeed in buying the materials he needs to work. He will buy the tools in the town of Guaranda. He dreams of improving his standard of living. Competition and the lack of economic resources are the challenges he has to face. In his free time he likes playing bowling.
JOSE tiene 50 años de edad es soltero no tiene hijos, vive con unos familiares en la ciudad de Chimbo Provicia de Bolívar.
José es mecánico Automotriz. Solicita el dinero para comprar torno, playo, desarmador, llaves. Con la ayuda del crédito podrá comprar los materiakles que necesita para trabajar. Las compras las realizará en la ciudad de Guaranda. El sueño es mejorar el nivel de vida. Los desafíos a los que se enfrenta es la competencia y la falta de recursos económicos. En el tiempo libre le gustya jugar boli.
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!