Funded

Total loan: $600
Powered by 24 lenders

Otto Olmedo

Ecuador
Ventanas, Ecuador / Agriculture

A loan of $600 helped to buy seeds, supplies, fertilizer, urea, manure, and weed killer.


Otto Olmedo's story

Otto Olmedo is 57 years old, married, and has children. He lives with his wife and 13-year-old grandson in Ventanas, a city in the province of Los Ríos.

He is a member of the "Bruniquilde" communal bank, which is located in the rural community of Calabi in the canton of Ventanas. The members earn their livings in agricultural work.

Otto Olmedo earns a living cultivating maize and beans.

He is requesting the loan to buy seeds, supplies, fertilizer, urea, manure, and weed killer.

He will buy these products in the city each week. With the help of the loan, he can invest in agriculture and upon selling the crops he can eliminate the debt. He faces challenges such as minor illnesses in the family.

His dream is to work this year to improve his living conditions.

In his free time, he likes to spend time with all of his children on weekends.

Translator profile picture

Translated from Spanish by Kiva volunteer Clemens Mayer



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: August 15, 2012
Facilitated by Field Partner: Cooperativa San Jose

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: August 15, 2012
Facilitated by Field Partner: Cooperativa San Jose