Juan Loja

Loja, Ecuador

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Juan has fully repaid his loan of £357.14

Amount Requested

Amount requested:

£357.14

Repayment term

Repayment term:

8 Months

Activity type

Activity type:

Raising poultry

MFI Partner

MFI partner:

FACES

Juan Loja is 72 years old and is married. He had a large family with a total of ten children, five sons and five daughters. Three of his children have professional jobs while the others work in the construction and transport industries. Juan was a public employee at the National University of Loja - he worked as a machine operator. He has also raised livestock and poultry, particularly chickens, cows and pigs.  When he retired, since his public pension was actually quite low, he decided to continue raising and selling animals. However, over time he has stopped raising the larger animals because it involves a lot of work and now focuses just on chickens.  He sells at the local markets. Through the profits he earned from this small business, Juan was actually able to pay for wife to have an eye operation recently.  Juan sought an eight month loan from the microfinance institution Fundacion FACES mainly in order to buy animal feed for his chickens.

loan added: 07 March 2012

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Juan's loan Repayment schedule

Date Expected repayments Actual repayments
March 2012 £32.47 £44.07
April 2012 £40.59 £38.69
May 2012 £40.59 £39.87
June 2012 £40.59 £40.22
July 2012 £40.59 £39.88
August 2012 £40.59 £39.52


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