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Irene Elizabeth

Update on Irene Elizabeth

Irene is 23 and in a common-law marriage. She lives with her partner and children in the city of Ventanas, Los Rios province.
The El Laurel communal bank is located in the El Laurel district of the Zapotal Nuevo parish, belonging to the Ventanas canton. The residents work in agriculture.
Irene works in agriculture and plants corn, rice, and beans. She also raises chickens and hogs. She will invest this loan in the purchase of seeds, manure, and fertilizer for her crops, as well as feed for her animals. Loans are a great help in increasing production.
Irene's dream is to have money to fix up her house.
She enjoys dancing and watching soap operas.
View original language description ↓
Irene tiene 23 años de edad vive en unión libre con el compañero y con los hijos viven en la cuidad de ventanas provincia de los Ríos.

La ventanilla el laurel se encuentras ubicada en el recinto el laurel de la parroquia zapotal nuevo perteneciente al cantón ventanas se dedica a labores agrícolas

Irene se dedica a la agricultura a la siembra de maíz, arroz y frejol además a la crianza de gallinas y cerdos, con crédito le ayudado a invertir en semillas, abonos, y fertilizantes para los cultivos y en balanceado para los animales. El crédito es de gran ayuda para aumentar la producción.

El sueño de Irene es tener dinero para arreglar la casa.

Le gusta bailar y ver novelas.

Previous Loan Details

Irene is 23 years old and in a common-law relationship with her partner. They and their children live in the city of Ventanas in Los Ríos Province.

The Communal Bank “El Laurel” is located the neighborhood of El Laurel in Zapotal Nuevo Parish, which is in the canton of Ventanas. The mem... More from Irene Elizabeth'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
  • 63
    View loans »
    Ecuador Loans Fundraising
  • $23,498,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Irene Elizabeth to buy seeds, manure, and fertilizer for her crops, as well as feed for her animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 9, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014