Update on Silvia SaraSilvia is a member of the communal bank 26-71. She lives in the city of Cuenca, which is known for its architectural beauty and its cuisine, which captivates the palates of locals and visitors alike. The people of Cuenca are warmhearted, friendly, and courteous. They still maintain the culture and traditions of the region's native peoples.
Silvia is thirty-six years old and married with three children of thirteen, ten, and one year(s) of age. Her oldest son has a disability for which he receives stimulation, and her second child, a daughter, is studying in a little school in the city. Her husband is a chauffeur by profession and lends his services driving a unit of taxis. They do not have their own home, and so live in her mother's house, with whom they share expenses.
Silvia finds herself enjoying good health, though she is worried about her son, whose health is delicate, which augments the risks of his disability.
Silvia makes her living selling cosmetics, a business she has maintained for the past six years. She has seen the necessity of contributing to the family income for the well-being of her children.
Silvia used the money from the earlier loan to buy cosmetics to expand the variety of her products and she has been happy with the result, since her sales are going very well and she has not had problems paying back the aforementioned loan. She will also use this loan to buy cosmetics. She likes the communal bank for providing loans quickly and without much paperwork, though due to her son's health problems it is difficult to attend the meetings.
Doña Silvia tiene 36 años, es casada y en su unión conyugal ha concebido 3 hijos de 13, 10 y 1 año de edad, su primer hijo tiene una discapacidad por lo que recibe estimulación y su segunda hija está estudiando en una escuelita de la ciudad. Su esposo es de profesión chofer y presta sus servicios conduciendo una unidad de taxis, no tiene casa propia por lo que vive en casa de su mamá con quien comparte los gastos del hogar.
Doña Silvia se encuentra gozando de buena salud, pero se encuentra preocupada por la salud de su hijo que se encuentra delicado y aumenta el riesgo por su discapacidad.
La Señora. Silvia se dedica a la venta de cosméticos, actividad que la desempeña hace 6 años, ella se ha visto en la necesidad de aportar a la economía de su hogar por el bienestar sus hijos.
El dinero de su crédito anterior lo ha invirtió en la compra de cosméticos para aumentar la variedad de sus productos y se encuentra feliz ya que en sus ventas le va muy bien y no ha tenido problemas en cancelar dicho crédito. Este crédito también lo va a invertir en la compra de cosméticos. La banca comunal le gusta por los créditos son rápidos y sin mucho papeleo, pero debido a los problemas de salud de su hijo le es difícil asistir a las reuniones.
Previous Loan DetailsSilvia is a member of Communal Bank 2671. She lives is a pretty place in the city of Cuenca, one of the most important cities in the country. In December 1999 it was named a World Heritage Site. The people there maintain the culture and traditions of their communities, and they are known for b... More from Silvia Sara'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
- Jun 15, 2012
- Jul 7, 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.