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Carmen Pilar

Update on Carmen Pilar

Carmen Pilar is 24 years old. She is single and lives with her 5-month-old son and parents in Voluntad de Dios, in Ventanas canton.

The Valle Alto community bank is located in Voluntad de Dios, in Ventanas canton. The members of this bank work in short-cycle agriculture, growing corn, rice and pigeon peas.

Carmen Pilar is a farmer who grows corn. She makes her purchases in Ventanas and makes her sales in Ventanas market. She requested this loan to buy seeds, fertilizers and manure. The loan will help her to increase her income which will allow her to provide for her family and invest in her farming. Her dream is to have money for her son because she is a single mother. She likes to take care of her son.
View original language description ↓
Carmen Pilar tiene 24 años es soltera, vive con el hijo de 5 meses de edad y los padres. Vive en el Recinto Voluntad de Dios en el Cantón Ventanas.

Ventanilla VALLE ALTO se encuentra ubicada en el Recinto Voluntad de Dios, perteneciente al cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembra de maíz, arroz y frejol gandul.
Carmen Pilar se dedica a la agricultura a la siembra de maíz. Compra sus productos en Ventanas y las vende en el mercado de Ventanas.

El crédito solicito para la compra de semillas, fertilizantes y abonos para los cultivos. El préstamo le ayudado para aumentar los ingresos para el consumo de la familia y para invertir en la siembra. Su sueño es tener dinero para su hijo por que es madre soltera.

Le gusta cuidar con su hijo.

Previous Loan Details

Carmen Pilar B. A. is 24 years old, she is single, and she lives alone in the city of Ventanas, in the Los Rios Province. She doesn't have children. The members of the communal bank named "Valle Alto, are originally from the Voluntad de Dios community in Ventanas. This group is primarily invo... More from Carmen Pilar'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
  • 29
    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 $1,200 helped Carmen Pilar to buy seeds, fertilizers and manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 13, 2011
Dec 21, 2011
Currency Exchange Loss:
Jul 27, 2012