Check out some available loans that are similar to this one!
Nestor Ivan

Update on Nestor Ivan

Nestor is 22 years old. He is single and has no children. He lives with his parents in the Ventanas canton in the province of Los Rios.

He is a member of the Cevallos communal bank, which is located in the San Francisco district, which is part of the San Juan del Pueblo Viejo parish, and is dedicated to agricultural work.

Nestor works in agriculture, planting corn and soy beans. He is applying for the loan to be able to buy fertilizers, seeds, and insecticides. The loan will be a great help to him to be able to increase his plantings.

His dream is to have more land to be able to increase his plantings. In his free time he likes to play sports.
View original language description ↓
Nestor tiene 22 años de edad es soltero no tiene hijos, vive con los padres en el Cantón Ventanas provincia de los Ríos.

Es integrante de la VRC Cevallos, se encuentra ubicada en el Recinto San Francisco, Pertenece a la Parroquia San Juan del Pueblo viejo se dedican a labores agrícolas.

Nestor se dedica a la agricultura a la siembra de maíz y soya. Solicita el crédito para poder comprar fertilizantes, semillas, insecticidas. El crédito le será de mucha ayuda para poder aumentar los cultvos.

El sueño es tener más terrenos para logran incrementar los sembrios. En el tiempo libre le gusta hacer deporte.

Previous Loan Details

Nestor, 21, is single and has no children. He lives with his parents in Ventanas Canton, Los Rios Province. He is a member of the Cevallos communal bank, which is located in the San Francisco neighborhood, San Juan del Pueblo Viejo parish in Ventanas. The members work in agriculture. Nestor wor... More from Nestor Ivan'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.

About Ecuador

  • $10,200
    Average annual income
  • 56
    View loans »
    Ecuador Loans Fundraising
  • $23,876,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nestor Ivan to buy fertilizers, seeds, and insecticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014