Juan rogelio Cueva herrera

Cariamanga, Ecuador

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35030

Juan rogelio needed £1666.67 for his business.

Amount Requested

Amount requested:

£1666.67

Repayment term

Repayment term:

18 Months

Activity type

Activity type:

Animal & Poultry Raising

MFI Partner

MFI partner:

FACES

Juan Cueva is 72 and has been farming for more than 40 years. He is still working hard to support himself. Don Juan is divorced and has three adult and independent children who live in other cities. Don Juan has ten hectares of land. He has built his own home on his land and has allocated six hectares to pasture for livestock and four hectares to growing coffee and some other crops. At present he has four head of cattle. He has 3000 coffee bushes and wants to plant another 2000.  Don Juan sells three head of cattle every three months and around 750 kilograms of coffee beans. Averaged out he estimates he earns a profit of around $310 per month.  quintals of coffee obtaining a monthly income of $925.00 leaving him a profit of $308.00. Don Juan requested a loan to purchase six head of cattle to raise and also buy materials and pay labour to repair the fencing that encloses his land.

loan added: 31 May 2018

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Juan rogelio's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £151.52 --
July 2018 £84.18 --
August 2018 £84.18 --
September 2018 £84.18 --
October 2018 £84.18 --
November 2018 £84.18 --


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