Funded

Total loan: $800
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Juan Montalvo

Ecuador
Chillanes, Ecuador / Farming

A loan of $800 helped to purchase supplies for growing cacao and cassava.


Juan Montalvo's story

Juan Montalvo C. G. is 41 years old and lives with his common law wife and their child in the canton of Chillanes in Bolivar Province.

The members of the Communal Bank “Juntos Venceremos” (Together We Overcome) meet at the fairgrounds of Matilde Esther in the canton of Chillanes. There are twelve members in this Communal Bank, all of whom are devoted to growing cacao and cassava.

Juan is a farmer who grows cacao and cassava. He buys his supplies in Mata de Cacao at the end of each month and sells at the fair in Chillanes on Sundays.

Juan is requesting a loan to buy supplies for growing cacao and cassava. The assistance from this loan will help him financially to acquire what he needs. His main challenges are pests, diseases, and weather changes. He dreams of building a concrete house where he and his family can live.

Juan enjoys playing sports.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: February 18, 2011
Facilitated by Field Partner: Cooperativa San Jose

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: February 18, 2011
Facilitated by Field Partner: Cooperativa San Jose