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Update on Margarita

Margarita is 49 years old, a single mother of 6 children, living in Guaranda Canton, in the province of Bolívar.

V.R.C Mushuc Pakari has 10 partners working in farming, 40 minutes from the office.

Margarita sells potatoes and cheese. She is a farmer, growing potatoes, oats and mellocos (a tuber). In addition, she raises animals such as cattle and pigs.

She will use the loan to purchase fertilizer, urea, and vaccines for the cattle. The loan will help her to improve farming. She does her shopping in Guaranda Canton.

Her dream is to have good livestock. The challenge she faces is to have a house. She likes to spend her free time with her family.
Margarita tiene 49 años de edad estado civil madre soltera tiene 6 hijos vive en el Cantón Guaranda Provincia de Bolívar.
View original language description ↓
Margarita tiene 49 años de edad estado civil madre soltera tiene 6 hijos vive en el Cantón Guaranda Provincia de Bolívar.

La V.R.C Mushuc Pakari está conformada por 10 socios se dedica a la agricultura a 40 minutos de la oficina.

Margarita se dedica a vender papas, queso, se dedica a la agricultura a la siembra de papas avena y mellocos, Además se dedica a la crianza de animales como son ganado y cerdos.

Utilizara el dinero del crédito para comprar fertilizantes, ures, vacunas para el ganado. Con la ayuda del credito podra mejorar la agricultura. Las compras las realiza en el cantón Guaranda. El sueño es tener una buena ganadería.

Los desafíos a los que se enfrenta es tener una casa. En el tiempo libre le gusta pasar con la familia.

Previous Loan Details

Margarita is 47 years old, single, and has five children. She lives in Guaranda in Bolívar Province with her children (ages 28, 24, 22, 18, and 9). Margarita is a member of the Communal Bank “Pangua” which is located in the community of Pangua Chaupiyacu and part of Guanujo parish in the ca... More from Margarita'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
  • 28
    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 $600 helped Margarita to purchase fertilizer, urea, and vaccines for the cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Mar 13, 2013
Apr 15, 2013
Currency Exchange Loss:
Apr 17, 2014