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Aurora Elena

Update on Aurora Elena

Aurora is a member of the Victoria del Portete communal bank. She lives in the Quinta Chica area of Cuenca. It is a place with beautiful scenery. Its people are kind, charming, and tenacious. They work day to day in order to improve their financial stability.

Aurora, age 55, is a widow. Her marriage produced six children. Five of them are married and live independently. Her last child, age 13, goes to a city high school. She does not have her own house, so she lives in a relative’s house.

Aurora works daily doing difficult field work. She farms and raises animals. She learned this trade from her parents, and it has allowed her to improve stability in her household and to get her whole family ahead.

She used the previous loan to buy animals, seeds, and fertilizer. She got good earnings from this. She will use her new loan to buy chickens, livestock, feed for her animals, and fertilizer for her crops.
View original language description ↓
La Señora Aurora forma parte del banco comunal Victoria del Portete, vive por el sector de Quinta Chica en Cuenca, lugar de de hermosos paisajes, su gente es amable, gentil y luchadora que trabajan día a día para mejorar su estabilidad económica.

La Señora. Aurora tiene 56 años de edad, es viuda y en su unión conyugal ha concebido 6 hijos, 5 de ellos son casados y viven independientes y su último hijo que tiene 13 años está estudiando en un colegio de la ciudad. No tiene casa propia por lo que vive en casa de un familiar.

Doña Aurora trabaja a diario en las duras tareas del campo como es la agricultura y la crianza de animales, este es un oficio que aprendió de sus padres el cual le ha permitido mejorar la estabilidad de su hogar y sacar adelante a toda su familia.

Su crédito anterior lo ha invertido en la compra de animales, semillas y abono de los cuales obtuvo buenas ganancias. Su nuevo crédito lo va a invertir en la compra de pollos, ganado, alimento para sus animales y abono para sus cultivos.

Previous Loan Details

Aurora is a very charismatic woman. She is cheerful and has a good heart. She is a member of the Victoria del Portete communal bank. She lives in the Quinta Chica area of Cuenca, a place with beautiful scenery and friendly, polite people who are fighters, working day to day to improve their finan... More from Aurora 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
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Aurora Elena to buy chickens, livestock, animal feed, and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013