Update on Edgar EdisonEdgar, 24, got married six months ago and lives with his wife and five-month-old son in Guaranda, Bolívar Province. The “Arte y Cultura Wari” communal bank is located in the community of Larkaloma, 45 minutes away from the office and it has 11 members.
Edgar works in agriculture growing potatoes, barley and onions; he also works in cheese production and raising cows and chickens. He’s asking for this loan to buy supplies, insecticide, organic manure, fertilizer, vaccines and feed. With help from this loan he will be able to have his own chicken business.
He makes his purchases and sales weekly in Guaranda. His dream is to be able to buy more land to continue planting and to have more animals. The challenge he faces is the competition’s prices. In his free time he likes to rest and to celebrate festivals dancing.
La VRC Arte y Cultura “Wari” se encuentra en la comunidad de Larkaloma a 45 minutos de la oficina, está conformada por 11 socios.
Edgar se dedica a la agricultura a la siembra de papas, cebada y cebolla, además a la producción de quesos y crianza de vacas y pollos.
Solicita el crédito para comprar insumos, insecticidas, abono orgánico,fertilizantes, vacunas y balanceado. Con la ayuda del crédito podrá tener su propio negocio de pollos.
Las compras y las ventas lo hacen en Guaranda semanalmente.
El sueño es poder tener comprar mas terrenos para seguir sembrando y tener mas animales. Los desafíos a los que se enfrenta son los precios de la competencia.
En el tiempo libre le gusta descansar, y en las fiestas festejar bailando.
Previous Loan DetailsEdgar Edison is 22 years old, single and lives with his brother in Guaranda, in the Bolívar Province. The VRC Art and Culture "Wari" is found in the town of Larkaloma about 45 minutes from the office, and consists of 11 members. Edgar makes a living in agriculture planting potatoes, as well as ... More from Edgar Edison'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
53View loans »