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Gladys Teresa

Update on Gladys Teresa

Gladys is part of the credit group María Reina de la Paz. She lives in the city of Cuenca, a place that enjoys a cold climate and is bathed by 4 rivers. Cuenca has several places to enjoy nature, and its center zealously holds its history. The people maintain the culture and traditions of their villages.

Gladys is 42 years old, married, and the fruit of her union are three chidren, ages 19, 15, and 10 years old. Her first daughter is studying at the university, her second son is in high school, and her last daughter studies at a small school in the city. Gladys's husband is a mining engineer. They do not have have they're own home, but are renting.

Gladys has been selling clothes for some years, and this job has allowed her to improve the economy of the household and the well being of her family.

She invested her previous loan to purchase merchandise, from which she earned good profits, and she is repeating the loan to buy fashionable clothes for her clients. She likes her borrowing group because of the solidarity, unity and fellowship that exists within it.
View original language description ↓
La Señora. Gladis forma parte del grupo de crédito María Reina de la Paz. Vive en la ciudad de Cuenca lugar que goza de un clima frió, esta bañada por 4 ríos y cuenta con varios lugares para disfrutar de la naturaleza, su centro guarda celosamente su historia y su gente mantiene la cultura y tradiciones de sus pueblos.

La Señora Gladys tiene 42 años, es casada y fruto de su unión conyugal ha concebido 3 hijos de 19, 15 y 10 años de edad, su primera hija está estudiando en la universidad, su segundo hijo en el colegio y su última hija estudia en una escuelita de la ciudad. Su esposo es de profesión Ingeniero en minería y labora en esta actividad, no tienen casa propia por lo que viven arrendando.

Doña Gladys se dedica a la venta de ropa desde hace algunos años, este trabajo le ha permitido mejorar la economía de su casa y el bienestar de su familia.

Su crédito anterior lo invirtió en la compra de mercadería de la cual obtuvo buenas ganancias, está repitiendo su crédito para compra ropa de moda para su clientela. Su grupo de crédito le gusta por la solidaridad, unión y compañerismo que existe dentro de su grupo.

Previous Loan Details

Sra. Gladys is taking out her second loan alongside her friends and fellow group members of the “María Reina de La Paz” (Mary, Queen of Peace) Communal Bank. She enjoys the camaraderie and the solidarity among all of the group members. Gladys lives in the city of Cuenca, which is surrounded by ... More from Gladys Teresa'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
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Gladys Teresa buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 8, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014