Manuel is 27 years old, single, and has no children. He lives with some of his family in the city of Chimbo in the province of Bolívar.
Manuel works as a mechanic. He is requesting a loan to buy a welding machine, nuts, air filters and oil filters. With the help of the loan he will be able to buy what he needs for the workshop. He will make his purchases in Guaranda. His dream is to improve his standard of living. The challenges he faces are competition. In his free time he likes to play volleyball.
Manuel tiene 27 años de edad es soltero no tiene hijos, vive con unos familiares en la ciudad de Chimbo Provincia de Bolívar.
Manuel se dedica a dar los servicios en una mecánica. Solicita el crédito para comprar una máquina soldadora, tuercas, filtros de aire, filtro de aceite.
Con la ayuda del crédito podría comprar lo necesario para el taller. Las compras las realizará en Guaranda. El sueño es mejorar el nivel de vida.
Los desafíos a los que se enfrenta es la competencia. En el tiempo libre le gusta jugar boli.
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!