Update on María RebecaMaría supports herself through various activities, making the most of what she learned from some relatives who taught her the business of raising pigs to sell in the market. She set up this business four years ago thanks to the knowledge she acquired. She does this work all day, feeding the pigs, washing them, etc.
In addition to this activity, María makes clothing for women and men, which allows her to add to her income to put food on her table. She hopes to be able to buy sewing machines to expand her clothing business when she has earned more profits from this business.
Currently María's requesting a loan to be able to make adjustments to the pig pens so the animals get the care they need and don't suffer any illness.
Although in the past few years María has gotten ahead alone, she's grateful to the people who make their contribution so she can grow financially and in her work.
Previous Loan DetailsMaría is a 51 year old woman who lives in Santo Domingo, which is a canton and city in the new province of Santo Domingo de los Tsáchilas, which was a rural parish of Quito (the capital city of Ecuador). Santo Domingo lies between the coast and mountains of the country, and is a meeting point for… More from María Rebeca's previous loan »
About Fundación AlternativaFundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.
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