Funded

Total loan: $800
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Segundo Angel

Ecuador
Ventanas, Ecuador / Farming

A loan of $800 helped to buy seeds and farming supplies.


Segundo Angel's story

Segundo Ángel, 37, is married and has four children. He lives with his wife and children in Ventanas Canton, Los Ríos Province.

The “Nueva Unión” communal bank is located in Recinto Guamayacu which belongs to Echeandía Canton. Its members are short term corn, rice and pigeon pea farmers. Segundo is a corn, rice and pigeon pea farmer. His purchases and his sales take place in Echeandía.

He used the money from the previous loan to buy seeds and farming supplies like urea, Matamonte [herbicide], fertilizer and weed killer to keep his crops in good condition.

His family relationship has improved because he’s now been able to contribute a bit more toward family wellbeing. At work he’s doing much better because production has increased and income has improved quite a bit now that he has more product to sell and he earns more income. Support from the previous loan helped him improve and he had no problem making the installment payments as established by the communal bank.

This new loan will be of much help because it will serve to buy seeds and farming supplies like urea, Matamonte, fertilizer and weed killer to keep his crops in good condition. The challenges he faces are frequent: competition and pests. His dream is to be able to buy a farm and to live in peace with his family. In his spare time he enjoys playing sports, especially volleyball, and sharing time with his family. His dream is to continue working together with his family so that both the family and the business will attain progress. He is very grateful for the help provided.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: October 5, 2011
Facilitated by Field Partner: Cooperativa San Jose

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: October 5, 2011
Facilitated by Field Partner: Cooperativa San Jose