Update on Alis GiocondaAlis is taking out her fourth loan in the “Uncovia” communal bank. This group meets monthly in the foundation’s offices. She lives in the city of Cuenca’s Uncovia sector. This city enjoys a cold climate and is bathed by four rivers. It’s been a Cultural Heritage of Humanity since December, 1999, thanks to its colonial architecture. Its residents are kind, gracious people and they still retain the culture and tradition of its peoples.
Alis is 38-years-old and lives in a free union; she’s had three children who are 17 and 13 years old and a newborn baby boy. Her older children attend a secondary school in the city. Her husband is a referee. She does not own a house; she rents.
She’s been working selling food for some time now, an activity she does gladly because it’s her own business and she loves to cook. She saw in this work an opportunity to get ahead and help her family economically.
She used her previous loan to buy foodstuffs for her business and had no problem making the payments on this loan. On this occasion, she’s repeating the loan because she wants to buy tables, chairs and foodstuffs to continue expanding the business. She likes the communal bank because of the fellowship that exists among all the group members.
La Señora Alis tiene 38 años de edad, vive en unión libre y ha concebido 3 hijos de 17 y 13 años y un bebé recién nacido, son hijos mayores estudian en un colegio de la ciudad, Su esposo es de profesión árbitro, no tiene casa propia por lo que vive arrendando.
Ella hace algún tiempo se dedica a la venta de comida, esta actividad la desempeña con mucho gusto ya que es un negocio propio y le encanta cocinar, con este trabajo vio la oportunidad para salir adelante y ayudar económicamente a su familia.
Su crédito anterior lo invirtió en la compra de víveres para su negocio, en los pagos de dicho crédito no tuvo ninguna dificultad. Ella esta repitiendo el crédito ya que quiere comprar sillas, mesas y víveres para continuar creciendo en su negocio. El banco comunal le gusta por el compañerismo que existe entre todos los integrantes del grupo.
Previous Loan DetailsAlis is a member of the “Renacer Uncovia” communal bank. She lives in Cuenca’s outskirts, a city noted for the beauty of its historic city center which blends the colonial with the modern and which led to it’s being designated a Cultural Heritage of Humanity in December, 1999. Its varied… More from Alis Gioconda'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
- Nov 7, 2012
- Dec 1, 2012
- Currency Exchange Loss:
- Jun 17, 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.