Manuel is 36 years old, and is a widower with no children. He lives with some family members in Chimbo, in the province of Bolivar.
Manuel is a mason who constructs houses and apartments. He is requesting this loan in order to buy a washing machine and stove. With the help of this loan he will be able to buy needed items for his home. The challenges that he faces are competition and the weather. In his free time he likes to play volleyball.
Manuel tiene 36 años de edad es viudo no tiene hijos, vive con unos familiares en Chimbo provincia Bolívar.
Manuel es Albañil realiza construcciones de casas, departamentos. Solicita el crédito para comprar una lavadora y una cocina.
Con la ayuda del crédito podrá comprar lo necesario para la casa. Los desafíos a los que se enfrenta es la competencia y el mal clima. En el tiempo libre le gusta 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!