Update on Jose HugoJosé is 54 years old, single, and has three children. He lives in the canton of Ventanas in Los Ríos Province.
José is a member of the Communal Bank "10 de Septiembre" (September 10th), which is located in Lechugalito, a neighborhood in the canton of Ventanas in Los Ríos Province. There are a total of 21 members. They come from a community that consists mostly of farmers and ranchers.
José works as a farmer, cultivating popcorn kernels and raising chickens so that he can improve his family's financial situation. He sells his products at the markets in Mocache and San Carlos. José enjoys playing community sports with his friends from the neighborhood.
José is requesting a loan in order to buy farming supplies for his work in the fields, mostly fertilizers and compost, as well as balanced feed. His goal is to have a financially successful business for the sake of his family. His challenges include trying to have a peaceful life.
El socio es miembro de la ventanilla rural Aso. 10 de Septiembre que esta ubicado en Lechugalito es un recinto que pertenece al Cantón Ventanas Provincia de los Ríos. Son 21 socios en total, es una comunidad Agrícola y Pecuaria en su mayoría.
José trabaja en la agricultura en la siembra de maiz duro y a la crianza de pollos para incrementar la economía de la familia. Vende los productos en el mercado de Mocache y de San Carlos.
A José le gusta hacer deporte en la comunidad con los amigos del barrio.
El socio solicita el crédito para comprar insumos para el trabajo del campo y sobre todo para fertilizantes y abonos y para balanceado.
Su meta es tener una buena actividad económica para la familia. Los desafíos que enfrenta es tener una vida tranquila.
Previous Loan DetailsJosé is 53, single and has three children. He lives in the Ventanas canton in the province of Los Ríos. The partner is a member of the rural communal bank Aso. 10 de Septiembre which is located in Lechugalito, a precinct belonging to the Ventanas canton in the province of Los Ríos. There are 2... More from Jose Hugo'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