Mercy is married, has two children and lives in San Jose de Chimbo. She works as a street vendor, selling "morocho" (a kind of dense corn used to prepare thick drinks) with milk door to door.
She is asking for a loan to purchase buckets, sugar, milk and morocho corn, as well as a tent for her selling stand. Mercy dreams of having her own premises to sell the morocho drink.
In her spare time she likes to be with her family.
Mercy es casada tiene dos hijos vive en San Jose de Chimbo.
Mercy se dedica a la venta de morocho con leche de puerta en puerta. El credito solicita para la comprar de valdes, azucar, leche y morocho ademas de una carpa para el puesto de ventas.
Mercy sueña con tener un local propio para vender el morocho
En los tiempos libres le gusta pasar con la familia.
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!