Update on Oscar AlejandroOscar, 20, is married and lives with his wife and children in Ventanas in Los Ríos province. The communal bank El Laurel is located in El Laurel in Zapotal Nuevo parish in Ventanas canton. All the members are farmers.
Oscar grows corn, rice, and beans and raises hens and pigs. The loan will help him buy seed, manure, fertilizer, and nutritious animal feed and increase production. He dreams of buy land and continue planting. He likes to play sports with his family.
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
Oscar 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 es tener dinero para comprar un terreno y seguir sembrando.
Le gusta hacer deporte con la familia.
Previous Loan DetailsOscar, 19, is married living with his wife and children in the city of Ventanas, Los Ríos Province. The “El Laurel” communal bank is located in Recinto El Laurel in Zapotal Nuevo Parish belonging to Ventanas Canton; it’s involved with agricultural activities. Oscar grows corn, rice and broad… More from Oscar Alejandro's previous loan »
About Cooperativa San JoseThis 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.
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Success!! The loan was 100% repaid