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Verónica Mercedes
Verónica Mercedes C. F. is 26 years old, in a common law marriage, and lives with her children and companion in Ventanas, which is in the province of Los Ríos. The names of her three children are Darling (age 10), Andy (age 9), and Erick (age 5).

Verónica is a member of the Communal Bank “Valle Alto” (High Valley), which is located in the district of Voluntad de Dios and an hour and a half away from Ventanas. There are 23 members in total, most of whom engage in agriculture. This is the second loan they have received from Cooperativa San José.

Verónica is a farmer who grows rice and beans. She buys her supplies each month in the city of Ventanas and sells her products at the Peña commercial market which is in the same area.

The loan she is requesting will be invested in the purchase of seeds for planting rice and beans. She views this loan as an opportunity to get ahead. Her dreams include buying a car and opening a business in Ventanas. The challenges she faces include the pests and diseases that can impact her crops.

Verónica enjoys products that are sold through magazines.

View original language description ↓
Verónica Mercedes C. F., tiene 26 años. Estado civil union libre y vive con los hijos y con el compañero, vive en Ventanas provincia de Los Ríos. Tiene 3 hijos, Darling (10), Andy (9) y Erick (5).

Verónica 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.

Verónica se dedica a la agricultura, siembra arroz y fréjol. Realiza sus compras cada mes en el la ciudad de Ventanas y vende los productos en el Comercial Peña o en la misma localidad.

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

Le gusta vender productos por medio de revista.

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
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $26,541,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Verónica Mercedes purchase seeds for planting rice and beans.
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