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Blanca Elena

Update on Blanca Elena

Blanca has been a member of the “Futuro para un Bienestar” (A Future for Well-Being) communal bank for some time now. She’s established good bonds of friendship with all the group members. She lives in the city of Cuenca, a city that safeguards its history and keeps its colonial architecture intact. The city’s cuisine is varied and delights the palates of its visitors. Its people are kind, courteous and keep their culture and traditions alive.

Blanca’s 47-years-old and separated from her husband but while married had three children who are 27, 25 and 19 years of age. Her three children are married and live independently. She does not own a house; she rents.

Blanca has worked selling spices since she got married since her mother-in-law encouraged her and taught her the business which has made it possible for her to improve her home’s stability and to move her family forward.

She used the money from her previous loan to buy spices which produced good profits. She’s repeating the loan because she needs to buy clove, oregano, cinnamon and other spices to stay in business. She likes the communal bank because of the benefits she gets and the personalized attention she gets from her loan officer.
View original language description ↓
La Señora. Blanca des hace algún tiempo que forma parte del banco comunal Futuro para un Bienestar y en este grupo ha llegado a establecer buenos lasos de amistad con todas las socias del grupo. Vive en la ciudad de Cuenca, esta ciudad guarda su historia y mantienen intacta su arquitectura colonial, la gastronomía de esta ciudad es variada y cautiva el paladar de sus visitantes, su gente es amable, gentil y mantienen la cultura y tradiciones de sus pueblos.

La Señora. Blanca tiene 47 años, es separada de su esposo pero en su unión conyugal ha concebido 3 hijos de 27, 25 y 19 años de edad, sus tres hijos son casados y viven independientes. No tiene casa propia por lo que vive arrendando.

Doña Blanca se dedica a la venta de especierías desde que se caso ya que su suegra le motivo y le enseño este negocio, este negocio le ha permitido mejorar la estabilidad de su hogar y sacar adelante a su familia.

El dinero de su crédito anterior lo invirtió en la compra de especerías del cual obtuvo buenas ganancias. Esta repitiendo el crédito ya que necesita comprar clavos de olor, orégano, canela y otras especias para continuar en el negocio. La banca comunal le gusta por los benéficos que recibe y la atención personalizada de su promotor de crédito.

Previous Loan Details

Blanca is a very cheerful, active member of the “Futuro para un Bienestar” (Future for Wellbeing) communal bank. She lives in the city of Cuenca’s Totoracocha sector. This city has been a Cultural Heritage of Humanity since December, 1999. It’s architecture is a mixture of colonial and modern;... More from Blanca Elena'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

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,092,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Blanca Elena to buy cinnamon, star anise, cloves and other spices.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013