Update on María MilagrosMaría is 27 and lives with her common law partner and has two children. She lives in her own house located in the Juan Velasco Alvarado settlement in the district of Tambogrande. Maria lives in the rural area of the district and the only basic service available in the area is power.
She breeds sheep and has 25 sheep that she grows and sells at the local market. She also breeds poultry and has more than six years of experience in the business.
Maria wants to buy feed for her sheep and poultry as well as make betterments to the barn so she can sell them at better prices, thus she thinks it's convenient to get a loan of 1500 Peruvian nuevos soles with Edpyme Alternativa
La actividad que desarrolla María es la crianza de ganado ovino contando con 25 cabezas de ganado, los cuales cría engorda y comercializa en el mercado local. Paralelamente cría aves de corral, cuenta con más de 6 años de experiencia en el manejo de su negocio.
María quiere comprar alimento balanceado para su ganado, además para la compra de alimento para sus aves de corral, y realizar mejoras en el corral para así venderlos a un mejor precio. Es por ello que ha creído conveniente obtener un préstamo de 1500 nuevos soles en Edpyme Alternativa.
Previous Loan DetailsMaria Milagros is a 26 year old mother who lives with her husband and two children in the Juan Velasco Alvarado settlement in the district of Tambogrande. The community is located about 25 km from the district proper and has no essential services. It is an agricultural area in the Piura region,… More from María Milagros'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
- Sep 20, 2012
- Oct 20, 2012
- Currency Exchange Loss:
- Oct 18, 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.