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Tupak Amawta

Update on Tupak Amawta

Tupak, 35, is single and has a daughter; they both live in Guaranda, Bolivar Province. The “Arte y Cultura Wari” (Wari Art and Culture) communal bank is located in the community of Larkaloma 45 minutes from the office; it has 11 members.

Tupak works in agriculture growing potatoes and corn and also raises animals like chickens; he also has a few cows. He’s asking for the loan to buy manure, fertilizer, organic manure and animal feed. With help from the loan he’ll be able to fumigate the crops on time.

His dream is to be able to own a vehicle for the business. The challenge he faces is competition. He likes to rest in his free time and when there’s a fiesta he likes to go dancing.
View original language description ↓
Tupak tiene 35 años de edad es soltero, tiene 1 hija, viven los dos, en Guaranda Provincia de Bolívar.

La VRC Arte y Cultura “Wari” se encuentra en la comunidad de Larkaloma a 45 minutos de la oficina, está conformada por 11 socios

Tupak se dedica a la agricultura a la siembra de papas, maíz, además cría animales como pollos y tiene algunas vacas.

Solicita el crédito para comprar abonos, fertilizantes, abonos orgánicos y alimentacion para los animales. Con la ayuda del crédito podrá fumigar a tiempo los cultivos.

El sueño es poder tener un vehículo propio para el negocio. Los desafíos a los que se enfrenta es la competencia.

En el tiempo libre le gusta descansar y cuando hay fiesta le gusta ir a bailar.

Previous Loan Details

Tupak Amawta Chacha Gauquipana is 34 years old and is a single father of one little girl, with whom he lives 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. Tupak makes a living ... More from Tupak Amawta's previous loan »

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!

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $23,225,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Tupak Amawta to buy agricultural supplies and animal feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 3, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014