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Maria Magdalena
Maria Magdalena A. A. is 37 years old. She is single and lives with her children. She lives in Ventanas, in Los Ríos province. She has 5 children, Estefani (1), Maribel (20), Mayra (16), Angi (12) and Jose (22).

Maria is a member of the “Valle Alto” ["High Valley"] rural solidarity group, which is located in the neighborhood of Voluntad de Dios, an hour and a half from Ventanas. There are 23 members in all, most of whom work in agriculture. This is their second loan with the San José Cooperative.

Maria works in agriculture, growing rice and corn. She makes her purchases every month in the town of Ventanas, and she sells her products in the same place at very favorable prices.

She is requesting the loan to invest in buying seeds for rice and corn. She thinks that the loan is an opportunity to get ahead. Her dreams are to buy a house and set up a business in the town of Ventanas. Some of the challenges she confronts are plant pests and diseases.

She likes to sell AVON and YAMBAL products, and she likes to watch the people in her neighborhood playing sports.
View original language description ↓
Maria Magdalena A. A., tiene 37 años. Es soltera y vive con los hijos, vive en Ventanas provincia de Los Ríos. Tiene 5 hijos, Estefani (1), Maribel (20), Mayra (16), Angi (12) y Jose (22).

Maria es una socia de la ventanilla rural la “Valle Alto”, que está ubicada en el Recinto Voluntad de Dios a hora y media de Ventanas. Son 23 socios en total, que en la mayoridad se dedican a la agricultura. Esto es el segundo préstamo que ellos realizan en la Cooperativa San José.

Maria se dedica a la agricultura, siembra arroz y maíz. Realiza sus compras cada mes en la ciudad de Ventanas y las vende en la misma localidad a precios muy convenientes.

Solicita el préstamo para invertir en la compra semillas de arroz y maíz. Piensa que el crédito es una oportunidad para salir adelante. Sus sueños comprar una casa y ponerse un negocio en la ciudad de Ventanas. Enfrenta desafíos como las plagas y enfermedades.

Le gusta vender productos AVON y YAMBAL y le gusta observar como hacen deporte las personas de la localidad donde vive.

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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $26,708,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Magdalena buying rice and corn seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jul 20, 2010
Sep 1, 2010
Currency Exchange Loss:
Feb 15, 2011