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María Martha

Update on María Martha

María is a member of the communal bank “14 de Agosto” [14th of August] and is its president. She lives in the parish of Zhidmad in Cuenca, which is surrounded by mountains that provide beautiful landscapes. The people who live there work at rearing animals, agriculture and several go to the city to work in different activities.

María is 49 years old and is married. Her marriage has borne her 4 children, three of whom are now married themselves and live independently. Her last daughter studies in a college in the city. Her husband works in construction. They live in their own house.

María has kept her whole family going thanks to her hard work and dedication. She works rearing animals and in agriculture; she also makes and sells ice-cream.

She invested her last loan buying alfalfa seeds and animals, from which she made a very good earnings. She paid off her loan without any difficulty and to schedule. She will invest her new loan in buying fertiliser and seeds, and ingredients to make her ice-creams. She likes the communal bank because of the support from the group.
View original language description ↓
La Señora María es socia del banco comunal 14 de Agosto del cual es la presidenta. Vive por la parroquia de Zhidmad en Cuenca, lugar que se encuentra rodeado de montañas que regalan hermosos paisajes, su gente se dedica a la crianza de animales, agricultura y varios salen a la ciudad a laborar en diferentes actividades.

La Señora. María tiene 49 años, es casada y en su unión conyugal ha concebido 4 hijos, tres de ellos ya son casados y viven independientes, y su ultima hija estudia en una colegio de la ciudad. Su esposo labora como albañil, la casa en la que viven es de su propiedad.

Doña María ha sacado adelante a toda su familia gracias a su esfuerzo y dedicación, ella se dedica a la crianza de animales y a la agricultura, también se dedica a la elaboración y venta de halados.

Su crédito anterior lo invirtió en la compra de semillas de alfalfa y animales de los cuales obtuvo muy buenas ganancias, ella pago su crédito sin dificultad y en las fechas indicadas. Su nuevo crédito lo va a invertir en la compra de abono, semillas y víveres para la elaboración de sus helados. La banca comunal le gusta por el compañerismo del grupo.

Previous Loan Details

María has been a member of the “14 de Agosto” communal bank for ten years. She lives in Zhidmad Parish in Cuenca. Its topography is quite fractured which gives it picturesque scenery. Its people are proud to retain their culture and traditions. They work in agriculture, animal husbandry and… More from María Martha's previous loan »

Additional Information

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

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped María Martha to buy fertiliser and seeds, as well as ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013