Humberto Washington is forty years old. He is single and has one son, who is ten years old. He lives with his parents in Chillanes, in the province of Bolivar.
He is a member of the Arrayapamba Communal Bank, which is made up of twelve members who are all from the same community. It takes twenty-five minutes to get from their community to the office. The members make a living in agriculture, raising animals, and in trade.
Humberto Washington makes a living in agriculture, specifically in growing corn, beans, and blackberries, and in raising livestock. He is requesting a loan in order to buy urea, insecticide, herbicide, rice-based animal feed, and corn-based animal feed. He buys these items in the city of Chillanes and he also sells his products in this same location.
His dream is to have his own land and pastures for the livestock, and to improve the price of his products.
The challenges he faces are: the decrease in price of his products and bad weather, which hurts production.
In his free time he likes to go out for walks, play sports, and enjoy the parties and festivals of the community.
Humberto Washington tiene 40 años de edad es soltero y tiene un hijo de 10 años vive con sus padres en Chillanes Provincia de Bolìvar.
Es Integrante de la VRC Arrayapamba se encuentra formada por 12 socios que son de la misma comunidad a 25 minutos de la oficina de la cooperativa, la actividad económica es la agricultura, crianza de animales y comercio.
Humberto Washington se dedica a la agricultura a la siembra de maíz, frejol, mora y además se dedica a la crianza de ganado. Solicita el crédito para la compra de urea, insectisida, ranger, polvillo, balanceado.
Las compras las realiza en la ciudad de Chillanes y sus ventas las hace en la misma. Su suño es tener terreno propio y pastizales para el ganado y que mejore el precio de los productos.
Los desafíos a los que se enfrenta son: la baja de precio en los productos y el mal tiempo daña la producción.
En el tiempo libre le gusta salir a pasear, hacer deporte, disfrutar de las fiestas de la comunidad y sus carnavales.
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!