Sergio is 24 years old, single, and lives with his parents in the community of Joyocoto, which is part of the canton of Guaranda in Bolívar Province. He is a member of the Communal Bank “Los Emprendedores” (The Entrepreneurs), which is located 20 minutes away from the Cooperativa San Jose office that operates in Guaranda. The group includes 10 members who are from the same community. They engage in agriculture.
Sergio works in construction. He is requesting a loan so that he can finish his studies. Sergio attends classes in Guaranda. His goal is to have a stable job. His challenge is to become an individual who is competent in his work.
Sergio likes to play sports in his free time and he enjoys the custom known as Carnival.
Sergio tiene 24 años de edad, de estado civil soltero, vive con sus padres en la comunidad de Joyocoto perteneciente al cantón Guaranda Provincia de Bolívar.
Es integrante de la ventanilla de los Emprendedores se encuentra ubicada a 20 minutos de la oficina operativa Guaranda, está formada por 10 socios que son de la misma comunidad, y que se dedican a la agricultura.
Sergio se dedica a la construcción. Solicita el crédito para poder concluir sus estudios, los cuales los realiza en Guaranda. Su meta es tener un trabajo estable. Su desafío es ser una persona competente laboralmente. En su tiempo libre le gusta hacer deporte y la costumbre que le gusta es el carnaval y fin de año.
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!