Update on Maria AugustaMaría, 63, has a spouse and a son in her care. She lives in her own house located the Tupac Inca Yupanqui hamlet in Tambogrande District. She lives in the rural part of the district and only has electricity.
María’s activity is raising livestock. She has various animals like sheep, pigs and barnyard fowl that she raises and fattens up in her back yard to then sell in the local market. She’s been in this line of work for more than ten years. Her husband is a farmer; he has one hectare of farmland planted with mangoes and lemons that generate income to cover loan costs and contribute to the family’s basic needs.
The loan is for 2000 new soles that will be used to buy livestock similar to what she already has and to buy fertilizer for her fields.
La actividad que desarrolla María es la ganadería, teniendo animales varios, como ovinos, porcinos y aves de corral, los cuales cría y engorda en la parte posterior de su domicilio, para luego comercializarlos en mercado local. Esta actividad la desarrolla hace mas de 10 años. Su esposo se dedica a la agricultura contando con 1 hectárea de terreno agrícola sembrado de mango y limón en producción, generándole ingresos para cubrir gastos crediticios y apoyar canasta familiar.
El monto del crédito asciende a 2000 nuevos soles, los cuales serán destinados a la adquisición de más ganados similares a los que ya posee y para la compra de fertilizantes para sus terrenos agrícolas.
Previous Loan DetailsMaría is a 61-year-old mother who lives with her husband in their own home which does not receive basic services. They reside in the rural section of the District of Tambogrande, which is 40 minutes away from the Department of Piura. The residents of this area are known for having businesses that… More from Maria Augusta'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
- 14 months (Additional Information)
- Repayment Schedule
- Mar 15, 2012
- Mar 31, 2012
- Currency Exchange Loss:
- Apr 27, 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.