Ecuador
Andres Mauricio is 27 years old and lives in Pueblo Nuevo, Bolívar canton, Carchi province. From a very young age, Andres learned from his parents to work in the fields and for 8 years he has been growing onions, tomatoes and tangerines. He sells his products in the wholesale markets of Ibarra and Bolívar.
Andres applies for a 36-month loan of US$3,500 with 12 quarterly payments. With the money he will invest US$860 in the purchase of kidney tomato plants, US$540 in the purchase of onion seeds, US$650 in the purchase of agricultural inputs, and US$570 in the purchase of fertilizer. Likewise, he will invest US$480 to hire 32 people to work for one day on his crops, and US$400 to hire machinery for the plow.
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: 7 April 2022
Andres Mauricio's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £267.81 | ||
| £0.00 | ||
| £0.00 | ||
| £172.93 | ||
| £0.00 | ||
| £0.00 | ||
| £178.63 |
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.
