Luis reinaldo IÑiguez iÑiguez

Cariamanga, Ecuador

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35034

Luis reinaldo needed £1231.34 for his business.

Amount Requested

Amount requested:

£1231.34

Repayment term

Repayment term:

18 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

FACES

Luis Iñiguez is a smallholder farmer. He used to work in a ‘panela’ or raw sugar cane factory. However, around 15 years ago he started cultivating maize and other short-cycle crops on land owned by his wife. She works alongside him and also works at the weekends selling fruits in the city of Loja. They have five adult children all of whom are independent. The land they cultivate is under irrigation allowing them to farm all year round. In total they have around one and a half hectares of land. Don Luis has invested in an irrigation pump and from his profits bought another small parcel of land. He requested a loan to buy fifty pounds of maize seeds, fertiliser and pay one labourer to help him plough and prepare the land.

loan added: 07 June 2018

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Luis reinaldo's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £111.94 --
July 2018 £62.19 --
August 2018 £62.19 --
September 2018 £62.19 --
October 2018 £62.19 --
November 2018 £62.19 --


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