Update on Enma BeatrizMrs. Enma is a member of the communal bank Miraflores and lives in the city of Cuenca, the capital of the Azuay Province. It is known as the "Athens of Ecuador", the cultural city of the country, and is also modern and attractive. Cuenca offers the best and most important production of crafts in the country. Its varied gastronomy captivates the palate of locals and foreigners, alike. Its people keep alive the local culture and traditions.
Enma used to belong to another communal bank but since she is a very enterprising woman she set up a new group to give opportunities to new members, and is requesting another loan.
Emma and her family are all very healthy. She has been in the business of selling food for three years because she likes to cook and finds this to be a good source of income for her family.
The money from the previous loan was used to buy dishes and food ingredients for her business. She plans to use the new loan to buy tables and food ingredients to expand her business. She had no difficulties paying back the previous loan and was able to pay it on time. She enjoys the communal bank because she and her friends discuss interesting topics.
Her goal is to continue expanding her business.
Doña Enma está pidiendo otro préstamo, ella formaba parte de otro banco comunal pero como es una mujer muy emprendedora realizo un nuevo grupo para dar oportunidades a nuevas mujeres.
Doña Enma se encuentra muy bien de salud al igual que toda su familia. Ella es comerciante y se dedica la venta de comida hace 3 años, actividad que la realiza porque le gusta la cocinar y es un buen trabajo para salir en adelante con su familia.
El dinero de su crédito anterior lo ha invirtió en la compra de vajilla y víveres para su negocio y su nuevo crédito lo va a invertir en mesas y víveres para crecer más en el negocio. En el pago de su crédito no ha tenido dificulta y realizo la cancelación total a la fecha. La banca comunal le gusta ya que en cada reunión conversa con sus amigas de varios temas de su interés.
Su meta es de ir creciendo con su negocio
Previous Loan DetailsEnma is a member of the Pisando Fuerte communal bank and she lives on the outskirts of Cuenca, the third most important city of the country. It has been a Unesco World Heritage site since 1999, known for its beautiful architecture and culture. Its people are friendly and gentile. Emma, 46, is… More from Enma Beatriz'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
- 7 months (Additional Information)
- Repayment Schedule
- Jan 23, 2012
- Feb 15, 2012
- Currency Exchange Loss:
- Jan 15, 2013
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.