Update on Julio AlfredoJulio, age 26, is in a common-law relationship. He lives with his parents, partner, and children, ages 1-year-old and seven months. He lives in Ventanas canton, Los Ríos province.
His communal bank is called La Paulina. It is located in the Puerto Pechiche parish in the community of La Paulina; it belongs to the Pueblo Viejo region. This communal bank deals with farm and cattle work.
Julio works in farming, having sown corn and rice, and raised cattle for some time. He buys his products in Ventanas and sells them in the market in the same community.
He asked for a loan for the purchase of fertilizers and compost for his corn and rice fields, and balanced feed for his livestock. The loan has helped him to increase his income and improve his family’s quality of life. His dream is to continue in agriculture and help with his daughter's education. He likes to play sports and repair motorcycles.
La ventanilla se llama LA PAULINA se encuentra ubicada en el parroquia Puerto Pechiche recinto La Paulina, pertenece al cantón Pueblo Viejo esta ventanilla se dedica a labores agrícolas y pecuarias.
Julio se dedica a la agricultura a la siembra de maíz, arroz, cría vacas desde hace algunos años. Compra sus productos en Ventanas y las vende en el mercado del mismo lugar.
El crédito solicito para la compra de abono y fertilizantes para la siembra del maíz, arroz,y balanceado para los animales. El préstamo le ayudado para aumentar los ingresos y mejorar el estilo de vida de la familia. Su sueño es seguir en la agricultura y ayudarle en los estudios a su hija.
Le gusta hacer deporte, y arreglar motos.
Previous Loan DetailsJulio, age 26, is in a common-law relationship. He lives with his parents, partner, and 1-year-old child. He lives in Ventanas canton, Los Ríos province. His communal bank is called La Paulina. It is located in the Puerto Pechiche parish in the community of La Paulina; it belongs to the Puebl... More from Julio Alfredo's previous loan »
About Cooperativa San JoseThis 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 9 months (Additional Information)
- Repayment Schedule
- At end of term
- Jun 26, 2014
- Jul 22, 2014
- Currency Exchange Loss:
- Feb 25, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.