Ecuador
Jose Manuel Chico Tugumbango is 63 and lives in Imbabura province. Jose is married and he and his wife have been farming for the past 15 years growing tomatoes on farmland belonging to his family. He sells his produce to wholesalers for 25 dollars a box. His income is US $500 (364.10) which helps to pay for his household expenses.
Jose is requesting a loan which he will repay over 24 months in three-monthly instalments. He plans to buy rolls of plastic sheeting to build a greenhouse for US $1,350 (£983.09) materials for the structure of the greenhouse for US $950 (£692), tomato plants for US $550 (£400.52) and he will repay a debt with US $150 (£109.24).
Please note that this loan will not be repaid in equal monthly instalments. Please see the repayment schedule below for more details.
If you are lending, please be aware that due to the current COVID-19 pandemic your repayments could be at greater risk of delay or default.
Loan added: 9 April 2021
Jose Manuel's loan repayment schedule
Date | Expected repayments | Actual repayments |
---|---|---|
£218.43 | ||
£0.00 | ||
£0.00 | ||
£217.25 | ||
£0.00 | ||
£0.00 | ||
£241.89 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.