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Zoila Graciela
Zoila is 44 years old, married, and lives in the neighborhood of Chillanes in the Province of Bolivar with her husband and three children, whose names are Tatiana (21), Luz Angelica (16) and Fatima (9). Zoila is a member of the rural loan group “Santa Rosa de Agua Clara”, which is located two hours away from Chillanes. The group is composed of 15 members in total, most of whom have small shops.

Zoila sells assorted clothing. She purchases the items in Guayaquil and Ambato and sells them in the surroundings of Bucay. She is requesting this loan to increase her stock. Her desire is to have in her shop all her clients need and thus increase her income. She hopes everything will go well with her business to be able to help her mother and children.

On a typical day, she wakes up very early, makes coffee, sends her children to school, then prepares lunch ahead of time. At 9am she opens her business, and she works all day. Her husband is currently working abroad.

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!

About Ecuador

  • $10,600
    Average annual income
  • 71
    View loans »
    Ecuador Loans Fundraising
  • $25,584,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Zoila Graciela buy more clothing to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 10, 2010
May 25, 2010
Currency Exchange Loss:
Jun 15, 2011