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Mayra Jacqueline

Update on Mayra Jacqueline

Mayra Jacqueline, 31, is a single mother of two children. She lives with relatives and with her children who are 14 and 10 years old in Guaranda, Bolívar Province. She’s a seamstress and is asking for the loan to buy an industrial sewing machine, fabric, thread and buttons. With help from the loan she will buy materials needed to work in her shop. She will make her purchases in Guaranda. Her dream is to own a house. She likes to dedicate her free time to her children.
View original language description ↓
MAYRA JACQUELINE tiene 31 años de edad es madre soltera tiene dos hijos, vive con unos familiares y con los hijos de 14 y 10 años de edad en Guaranda provincia de Bolívar.

MAYRA JACQUELINE es costurera. Solicita el crédito para comprar una maquina industrial cosedora. tela, hilos, botones. Con la ayuda del crédito podrá comprar materiales para trabajar en el taller.

Las compras lo hara en Guaranda. El sueño es tener una casa propia. En el titmpo libre le gusta dedicarce a los hijos.

Previous Loan Details

Mayra Jacqueline is thirty years old and single with two children. She lives in Guaranda in the Bolivar Province with some relatives and her children, who are 13 and 19. Mayra Jacqueline is a seamstress. She is requesting a loan to buy cloth, thread, buttons and zippers. With this loan, she... More from Mayra Jacqueline's previous loan »

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!

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.

About Ecuador

  • $10,600
    Average annual income
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $24,143,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mayra Jacqueline to buy an industrial sewing machine, fabric, thread and buttons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013