Update on María LauraMaría has been a member of "10 de Agosto" communal bank for many years. She lives in the Santa Ana parish of Cuenca; a place which thanks to its geographic location has many places where you can enjoy nature. From the parish centre, you can admire the city of Cuenca. Its people are warm-hearted, friendly and work in different activities which allow them to pay their household costs.
María is 58 years old, married and has 4 children who are all grown up. Three of them are married and live away from home. Her single son works to pay for his personal costs. Her husband is a security guard. They own their own home.
When María is at home, she does the housework but she also works hard looking after her animals in the field, especially her cattle that produce milk. She has been doing this since she was small. She learnt this trade from her parents who left her this work as an inheritance. This work has enabled her to get her family ahead.
She invested her last loan in buying a cow from which she has got good profits, in milk sales. She is going to invest her new loan in buying two better quality cows.
Doña María tiene 58 años de edad, está casada y en su unión conyugal ha concebido 4 hijos que ya son mayores de edad, tres de ellos son casados y viven independientes, su hijo soltero trabaja para solventar sus gastos personales. Su esposo presta sus servicios como guardia de seguridad, la casa en la que vive es propia
Doña María pasa en casa dedicada los quehaceres de su hogar, pero trabaja duro en el campo en la crianza de animales, en especial de ganado del vende la leche, esta actividad la realiza desde muy pequeña ya que aprendió el oficio de sus padres quien le dejaron como herencia este trabajo, este trabajo le permitió ayudar a sacar en adelante a toda su familia.
Su crédito anterior lo invirtió en la compra de una vaca de la cual ha obtenido buenas ganancias en la venta de la leche. Su nuevo crédito lo va a invertir en la compra de dos vacas de mejor calidad.
Previous Loan DetailsMaría is one of the founding members of the communal bank 10 de Agosto (August 10th). She lives close to the Santa Ana parish, in an area surrounded by beautiful landscapes. A large part of the city of Cuenca can be observed from the center of the parish. The local people work in agriculture,… More from María Laura'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
- Feb 28, 2013
- Apr 1, 2013
- Currency Exchange Loss:
- Sep 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.