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Jorge Luis

Update on Jorge Luis

Jorge is 22 years old, single and he doesn't have children. He lives with his parents in "Recinto Terrenal", which belongs to the "The Old Town of the River" Province.

He belongs to the "Ventanilla Terrenal" which is located in "Recinto Terrenal". People in the "Pueblo Viejo" Province work mainly in farming and fishing.

Jorge is a farmer and grows corn. With this loan he will buy supplies such as fertilizer, manure and seeds. He will make his purchase in the city of Pueblo Viejo.

His dream is to buy more land to work. In his free time he likes to go out with his friends and play soccer.
View original language description ↓
Jorge tiene 22 años de edad de estado civil Soltero no tiene hijos vive con los padres en el Recinto Terrenal perteneciente al Cantón Pueblo Viejo Provincia de Los Ríos.

Pertenece a la Ventanilla TERRENAL se encuentra ubicada el recinto TERRENAL, perteneciente al cantón Pueblo Viejo se dedica a labores agrícolas y pecuarias.

Jorge se dedica a la agricultura a la siembra de maíz . Con el crédito podrá comprar insumos como: fertilizantes, abonos y semillas. Las compras las realiza en la ciudad de Pueblo Viejo.

El sueño es comprar mas terreno para seguir trabajando, en los tiempos libres le gusta salir con los amigos a jugar futbool.

Previous Loan Details

Jorge, 22, is single and has no children. He lives with his parents in the Terrenal district of Pueblo Viejo Canton, Los Ríos Province. He belongs to the Terrenal communal bank located in the Terrenal district of Pueblo Viejo Canton, where the people make a living in agriculture and livestock.… More from Jorge Luis'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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jorge Luis to buy fertilizer, compost and seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2013
Listed
Aug 5, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 20, 2014