Parroquia La Libertad, Ecuador
Hector eduardo needed £2267.18 for his business.
Eduardo Guerrero is 57 years old and lives in La Libertad in the Carchi province. He is a farmer and has been growing potatoes for 3 years. He also works as a farm labourer and earns a weekly income from this, which he uses to support his wife and son.
Eduardo has requested a loan of $2,700 to be repaid over 24 months. He will use $1,200 to buy fertiliser, $550 to buy farming inputs, pay labourers with $395, use $135 for transport, and the remaining $420 to repay the debt he’s built up from looking after his crops. All this will be for his potato crops, which cover about a hectare.
Farming is the livelihood Eduardo chose to support himself and his family. He knows that there are good months and bad months, but it is a steady business and has enabled him to go from nothing to having his own home and supporting his family.
loan added: 25 July 2018
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