Funded

Total loan: $800
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Socrates Walberto

Ecuador
Ventanas, Ecuador / Farming

A loan of $800 helped to purchase fertilizer for short-cycle farming.


Socrates Walberto's story

Walberto is 30 years old and is in a common-law marriage. He lives with his wife and his 3-year-old son. He lives in the Cantón Ventanas district in the province of Los Rios.

The communal bank is called "San Nicolas" and is located in the rural community of San Nicolás which belongs to the Ricuarte parish of Cantón Urdaneta. This group works in agriculture and livestock.

Walberto has made a living farming corn and rice for the last few years. He buys his supplies in Ventanas and sells them in a similar market in the Cantón Urdaneta district.

He is requesting a loan to purchase manure, urea, and liquid fertilizers for harvesting corn and rice. The loan will help him increase his income for his family's consumption and to invest. His dream is to have money to purchase a plot of land. He enjoys working and playing sports.

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Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: November 28, 2013
Facilitated by Field Partner: Cooperativa San Jose

Lenders and lending teams




Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: November 28, 2013
Facilitated by Field Partner: Cooperativa San Jose