Update on María NievesMaría is a member of the “Nuevos Horizontes” (New Horizons) communal bank. She lives in downtown Cuenca, a city noted for the beauty of its historic city center which blends the colonial with the modern and which led to it’s being designated a Cultural Heritage of Humanity in December, 1999. Its varied cuisine enchants the palates of locals and foreigners alike and its residents are kind, polite, warmhearted people.
María is 48-years-old, divorced and the mother of seven children. Four of them are already married and live on their own, one of her sons works and helps her economically, one son attends secondary school and her youngest attends a little school in the city. The house she lives in is hers.
María has gastritis so she’s in constant treatment but all the other members of her family enjoy very good health.
Our member works raising animals and in agriculture, an activity she’s been doing since she was very young following her parents’ example and now it the source of income to cover her household expenses.
She used the money from her previous loan to buy manure but her harvest was damaged by the winter and she fell behind a little with her payments but she’s now repaid it totally. She will use her new loan to buy pigs, guinea-pigs, seeds and manure for her crops.
She likes the communal bank because they are a united, mutually supportive group that support each other in order to get ahead. Her goal is to continue growing in her business.
La Señora María tiene 48 años, es divorciada y en su unión conyugal ha concebido 7 hijos, cuatro de ellos son casados y viven independientes, uno de sus hijos trabaja y le ayuda economícamente, un hijo estudia en el colegio y su ultimo hijo estudia en una escuelita de la ciudad. La casa en la que vive es de su propiedad.
Doña María sufre de gastritis por lo que pasa en un constante tratamiento pero todos los miembros de su familia están gozando de muy buena salud.
Nuestra socia se dedica a la cría de animales y a la agricultura esta actividad la desempeña desde que era muy joven siguiendo el ejemplo de sus padres y ahora le permite solventar los gastos de su hogar.
El dinero de su crédito anterior lo invirtió comprando abono pero debido al invierno se le daño su cosecha por lo que se atraso un poco en el pago de sus cuotas pero ya realizo la cancelación total. Su nuevo crédito lo va a invertir en la compra de cerdos, cuyes, semillas y abono para sus cultivos. La banca comunal le gusta porque son un grupo unido y solidario quienes se apoyan mutuamente para salir adelante.
Su meta es continuar creciendo en su negocio.
Previous Loan DetailsMaría’s a member of the “Nuevos Horizontes” (New Horizons) communal bank. She lives in Sayausi Parish in the city of Cuenca. This city is characterized by the four rivers that bathe it and since December, 1999 has been a Cultural Patrimony of Humanity. Its residents maintain the culture and… More from María Nieves'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
- May 9, 2012
- Jun 2, 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.