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María Elena

Update on María Elena

María lives in the canton of Paute which has a warm climate and fertile soil where beautiful flowers and a wide variety of fruit are grown. There are several businesses here where one can enjoy the local cuisine. Its people are friendly, kind and still maintain their culture and traditions.

María, 47, is married and has five children, ages 23, 22, 20, 19 and 4. The oldest ones work and help out financially. Three of them attend the university. Her husband works as a bricklayer and they live in their own home.

María works in agriculture and raises chickens and pigs. Her parents taught her the trade when she was very young and she has been working ever since.

She used her previous loan to buy chickens and was able to make a considerable profit. She is requesting a new loan to buy chickens and pig feed. She likes her communal bank because of the solidarity among all of its members.
View original language description ↓
La Señora María vive en el cantón de Paute lugar que tiene un clima privilegiado, sus tierras son fértiles en donde se cosechan las más hermosas flores y una gran variedad de frutos, existen varios comercios sobre todo para disfrutar de la gastronomía, su gente aun mantienen la cultura y tradiciones de sus pueblos.

Doña María tiene 47 años, es casada y fruto de su unión conyugal ha concebido 5 hijos de 23, 22, 20, 19 y 4 años, 4 de sus hijos son mayores de edad, trabajan y le ayudan economícamente, a mas de trabajar tres de ellos cursan los estudios universitario. Su esposo labora de albañil, la casa en la que viven es propia.

La Señora. María se dedica a la agricultura y cría de pollos y ganado, se encuentra trabajando desde muy joven ya que sus padres le enseñaron esta actividad.

Su crédito anterior lo invirtió en la compra de pollos de los cuales obtuvo buenas ganancias. Esta repitiendo el crédito para comprar pollos y alimento para un chanchos. Su grupo de crédito le gusta por la solidaridad que existe entre todas las socias.

Previous Loan Details

María is taking out a second loan in the Pauteñitas communal bank. She lives in the beautiful community in the canton of Paute. It has a warm climate and its fertile soil is where many flowers are harvested. It's irregular geography gives beautiful landscapes where nature can be enjoyed. Its people… More from María 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

  • $10,200
    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 $875 helped María Elena to buy chickens and pig feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014