Vista Hermosa Group
Update on Vista Hermosa GroupFlor is another member of the Vista Hermosa group. She is 26 years old and only completed school through the third grade. She is married to Jose Luis who is a day worker and they have two children. Flor tells us that 4 years ago she decided to start her own business selling cosmetics and perfume to make a little extra money to help out her husband with the household expenses. She started out selling to family and neighbors, and little by little she expanded her clientele. Today she doesn't only sell in her own community but she also goes to nearby communities to offer her products. She goes out in the afternoons to show catalogs to her clients and take orders. She then buys the products and delivers them to her customers. She is very happy because her sales have given her an opportunity to provide her family with a better quality of life. A loan from VisionFund will give Flor the opportunity to purchase a variety of cosmetics (lip liners, foundations, eye shadows, nail polish) and perfumes to continue making sales. She wants her business to make progress every day and hopes that in the future her children will be able to study for a profession.
The other members of the group are:
Maria Esther cosmetics sales
Obdulia chicken sales
Rosa cosmetics sales
Patricia shoe sales
Estela dessert sales
Imelda growing and selling corn
Un crédito de VisionFund le dará a doña Flor la oportunidad de comprar variedad de cosméticos(delineadores, labiales, maquillajes, sombras, esmaltes) y perfumes para continuar realizando sus ventas.
ella quiere que su negocio progrese cada día ya que espera que a futuro sus hijos puedan estudiar un profesión.
Los demás integrantes del grupo son:
Maria Esther venta de cosmeticos
Obdulia venta de pollo
Rosa venta de cosmeticos
Patricia venta de calzado
Estela venta de postres
Imelda cultivo y venta de maiz
Previous Loan DetailsObdulia is a member of the group called 'Vista Hermosa' (Beautiful View). This group is made up of nine very hard-working and cheerful women who make their sales in order to earn a little extra money and provide their children with a better quality of life. They live in a community which is noted… More from Vista Hermosa Group'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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid