Update on María FloraMaria is a member of the "Unión y Prosperidad" communal bank, and lives in Zhidmad parish in Cuenca. This is a place where one can admire the beauty of nature. Its church is located in the parish center, and is more than 200 years old. The Laguna de Teri is located approximately five kilometers from the parish center. The people here are friendly, responsible, and maintain the culture and traditions of their peoples.
María is 25, married, and has four children, ages 9, 7, 6, and 3. Her three eldest children go to a small local school. Her husband has a lumber business, and they own the house where they live.
Maria works in a daycare, Monday to Friday, from 8:00 in the morning, until 4:00 in the afternoon. She is taking out another loan to buy a woodlot for her husband's business. She had no problem with the payments on the previous loan, and has already paid it back in full.
She is very happy, because with the loan she has been able to contribute to the household finances, and support her family. She likes the communal bank because it is easy to get loans, and for the comradeship that exists among the members.
La Señora. María tiene 25 años, es casada y fruto de su unión conyugal ha concebido 4 hijos de 9, 7, 6 y 3 años de edad, sus tres primeros hijos están estudiando en una escuelita de la localidad. Su esposo es aserrador, la casa en la que habita es de su propiedad.
Doña María labora en una guardería, trabaja de lunes a viernes desde las 8 de la mañana hasta las 4 de la tarde.
Ella está repitiendo el crédito ya que va a comprar un bosque para el negocio de su esposo, con el crédito anterior no tuvo ningún problema con los pagos y ya realizo la cancelación total del mismo. Está muy contenta ya que con el crédito a podido aportar a la economía de su hogar y sacar adelante a su familia.
Le gusta el banco comunal por la facilidad para conseguir los créditos y el compañerismo que hay entre sus compañeras.
Previous Loan DetailsMaría is a member of the Unión y Prosperidad community bank. She lives in the Zhidmad parish, which has beautiful scenery. The people there raise animals and farm. Many of them work in the city at different jobs. María is 25 years old, married and has four children from this marriage, aged 9, 7,… More from María Flora's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jan 6, 2012
- Jan 21, 2012
- Currency Exchange Loss:
- Aug 15, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.