Update on Bilma RaquelBilma has been a member of the La Merced communal bank for some time. She lives in the Santa Ana parish, located in the southeast of Cuenca. The mountains surrounding the city make for some beautiful landscapes. The climate is cold, but the people's hearts are warm. Its residents raise livestock, farm, or are traders, and they still live according to the culture and the traditions of their forefathers. Bilma is 30 years old, married, and has three children, aged 12, 10, and 1. Her two oldest attend school. Her husband is a driver and provides public transportation services. They don’t have a home of their own, but live in their parents’ home and share in the household expenses. Bilma takes care of the housework and also raises animals to sell in her area, which enables her to help with the expenses. Her previous loan she invested in buying pigs, and repaid on time. She will use this new loan to buy more pigs as well as animal feed for all her animals, and she will also use a small part to buy school supplies for her sons. She likes her communal bank because the group is very tightly knit, the loans are quickly processed and the paperwork is kept to a minimum.
La Señora, Bilma tiene 30 años, es casada y en su unión conyugal ha concebido 3 hijos de 12, 10 y 1 año de edad, sus dos primeros hijos están estudiando en una escuelita. Su esposo es de profesión chofer y labora prestando sus servicios en el transporte público, no tienen casa propia por lo que viven en casa de sus padres compartiendo gastos del hogar.
Ella se dedica a los quehaceres de su hogar y también cría animales a los que los vende en su comunidad, esto le permite aportar a la economía de su hogar.
Su crédito anterior lo invirtió en la compra de cerdos y la cancelación de su crédito lo ha realizado en las fechas correspondientes. Su nuevo crédito lo va a invertir comprando más cerdos y alimento para todos sus animales, un poco también lo va a utilizar para los útiles escolares de sus hijos. La banca comunal le gusta por el compañerismo que existe en el grupo, los créditos son rápidos y no se necesita de muchos papeleos.
Previous Loan DetailsBilma is a member of the La Merced communal bank. She lives in the Santa Ana parish, located in the southeast of Cuenca. The climate is cold and one can see most of the city from its central park. Its residents raise livestock, farm, and many work in the city. Bilma is 30 years old, is… More from Bilma Raquel'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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