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Maria Cleofe

Update on Maria Cleofe

María Cleofe is 33 years old, widowed, and lives with her daughter in the neighborhood of San Temistocles in the canton of Ventanas.

The Communal Bank “Narcisa de Jesus” is located in the neighborhood of San Temistocles, which is in the canton of Ventanas. This group consists of short-cycle farmers who grow corn and rice.

Maria Cleofe is a farmer who grows corn. She buys her supplies in Ventanas and sells her products at the market in the same place. The loan she is requesting will be used to buy seeds and fertilizers for growing corn and rice. This will be a great help with increasing her income for the consumer needs of her family and for investment. Her dream is to buy a house.

In her free time, Maria Cleofe enjoys relaxing.
View original language description ↓
María Cleofe tiene 33 años es Viuda, vive con la hija. Vive en el Recinto San Temistocles en el Cantón Ventanas.

La ventanilla NARCISA DE JESUS se encuentra ubicada en el Recinto San Temistocles, perteneciente al cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembre de maíz y arroz.

Maria Cleofe se dedica a la agricultura a la siembra de maíz. Compra sus productos en Ventanas y las vende en el mercado del mismo lugar.

El crédito solicito para la compra de semillas y fertilizantes para la siembra del maíz y arroz. El préstamo le ayudado para aumentar los ingresos para el consumo de la familia y para invertir. Su sueño es comprar una casa.

En los tiempos libres le gusta descansar.

Previous Loan Details

Maria Cleofe is 33 years old. She is single and lives with her daughter. She lives in the Ventanas canton in the province of Los Rios. This communal bank is called Narcisa de Jesus. It is located in the San Temistocles district in the Ventanas canton. This communal bank works with agricultura... More from Maria Cleofe's previous loan »

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!

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Ecuador

  • $10,600
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria Cleofe to buy seeds and fertilizers for growing corn and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 5, 2011
Jan 16, 2012
Currency Exchange Loss:
Jul 22, 2012