Update on Maria ConcepcionMaría is 30 years old and lives with her husband and children in her own house, which only has the service of electricity. It is located in the district of Mórrope, which can be found 40 minutes from the department of Lambayeque. This zone is dedicated to activities related to farming, livestock and tourism (they have beautiful religious festivals).
María has been a livestock merchant for many years (cows). Her corral is located outside her house, and she gives them balanced feed and natural grasses so they will grow optimally. She offers them throughout the various markets in the zone, and that is how she generates good profits to meet the household expenses.
She has requested a loan of 4000 new Peruvian soles from Edpyme Alternative to buy more animals and make repairs to her corral. The end result hopefully being that, with the earnings she obtains, she will be able to provide a higher standard of living for her family. María is a very responsible and hard-working woman who worries about improving her business and continuing to meet the family’s needs. She wants to give her children other opportunities in life.
María es comerciante desde hace muchos años de ganado vacuno (vacas), su corral se encuentra en la parte externa de su casa, los alimenta con comida balanceada y pastos naturales para que sus animales lleguen a tener un crecimiento óptimo para qué pueda ofrecerlos en los diferentes mercados de la zona y así obtenga muy buenas ganancias para solventar los gastos de su hogar.
Ha solicitado un préstamo a Edpyme Alternativa de 4000 nuevos soles para comprar más animales y arreglar sus corral, con la finalidad de que con los ingresos que obtenga pueda brindarlea su familia una mejor calidad de vida. María es una mujer muy responsable y trabajadora que se preocupa por tener mejoras para su negocio y seguir solventando sus necesidades familiares y brindarle a sus hijos otras oportunidades en la vida.
Previous Loan DetailsMaría is 30 years old and lives with her husband and children in her own house, which only has the service of electricity. It is located in the district of Mórrope, which can be found 40 minutes from the department of Lambayeque. This zone is dedicated to activities related to farming, livestock… More from Maria Concepcion'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 13, 2012
- Apr 26, 2012
- Currency Exchange Loss:
- Dec 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.