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Mercedes Graciela
Mercedes Graciela is 69 years old, married, and she lives with her husband and their children, aged 15 and 23. They live in the canton of Chillanes, in the province of Bolivar.

The communal bank "Nueve de Abril", meaning "April Nine" is located in the Parrish of San Jose del Tambo, belonging to the canton of Chillanes. The members of this group are agriculturists who primarily cultivate corn and cocoa.

Mercedes cultivates corn and cocoa. She buys and sells her products in the market in San Jose del Tambo.

She requests a loan to purchase seeds and agricultural products. the loan will help her supply her financial need and to improve her agricultural activities. She faces challenges such as the drop in prices of the products that she sells, as well as middle-men. Her dream is to see her children complete their studies.

She enjoys walking and household activities.
View original language description ↓
Mercedes Graciela tiene 69 años de edad, es casada, vive con su esposo e hijos de 15 y 23 años, en el Cantón Chillanes, Provincia de Bolívar.

La V.R.C NUEVE DE ABRIL, se encuentra ubicada en la parroquia San José del Tambo, perteneciente al cantón Chillanes, los miembros de esta ventanilla se dedican a la agricultura, principalmente al cultivo de maíz y cacao.

Mercedes se dedica al cultivo de maíz y cacao. Compra y vende sus productos en el mercado de San José del Tambo.

Solicita el crédito para comprar semilla e insumos agrícolas. El crédito le servirá de apoyo para suplir sus necesidades económicas y mejorar sus actividades agrícolas. Enfrenta desafíos como la caída de precios de los productos que comercializa, así como los intermediarios. Su sueño es que sus hijos culminen sus estudios.

Le gusta caminar, y realizar actividades domésticas.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $26,684,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mercedes Graciela to purchase seeds and agricultural products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jul 25, 2011
Aug 10, 2011
Currency Exchange Loss:
Aug 16, 2012