Update on Mirtha PaulinaThe San Esteban communal bank meets fortnightly in the city of Charapoto, an area which is known for its traditional culture and also for being close to two of the best beaches in the province called San Jacinto and San Clemente.
37-year-old Mirtha lives here with her common-law husband and their three children aged 11, 6 and 4. The two eldest study in school and the youngest will start kindergarten this year. Her husband works in a transportation cooperative.
Mirtha has a retail business, so that she can earn an income to help her husband pay for expenses and the children's education. She sells clothes and shoes by catalog and also sells Belcorp products (beauty products, cosmetics, perfume, and women’s accessories). She sells her products door to door and works every afternoon. She sells to her customers on credit, which she collects every 15 days.
Mirtha has been in this business for over ten years and thanks to her work she is able to get by. She is requesting a new loan as it is the only form of financing for her business she has access to. The last loan worked very well and she used her earnings to pay for her children's schooling expenses. The new loan will be used to buy clothes and Belcorp cosmetics. She has been a member of the communal bank for over 15 years, and likes it because the loans have always helped her. Her dream is to give her children the best.
En este lugar vive la señora Mirtha, tiene 37 años y mantiene una relación de unión libre de la cual tiene tres hijos de 11, 6 y 4 años de edad, los dos mayores estudian en escuela y el menor este año a jardín de infantes. El marido trabaja en una cooperativa de transporte.
Doña Mirtha para obtener sus ingresos para sus gastos y también con esto ayudar a su esposo y para los estudios de sus hijos se dedica al comercio, ella vende ropa y zapatos por catalogo y productos de Belcorp (productos de belleza, cosméticos, perfumería y accesorios para damas) su forma de venta es puerta a puerta, trabaja todos los días por las tardes, ella deja a crédito a sus clientes y cobra cada quince días, lleva más de 10 años en este negocio y gracias a esto ella puede salir adelante.
Ella está repitiendo el crédito ya que es la única forma que tiene para financiar su negocio, le fue muy bien con el crédito anterior y lo que ella gano lo utilizo para pagar ciertas cosas en la escuela de sus hijos ya que eso es lo más importante para ella y en lo que emplea sus ganancias. Este nuevo crédito es para comprar ropa y cosméticos de Belcorp. Lleva más de 15 años en el Banco Comunal y le gusta porque los créditos siempre le han ayudado.
Su sueño es darles lo mejor a sus hijos.
Previous Loan DetailsThe San Esteban communal bank meets every 15 days in the city of Charapoto. This place is known for its traditional culture. It is also a few minutes from two of the best beaches in the province, San Jacinto and San Clemente. This is where Mirtha, age 37, lives. She is in a common-law… More from Mirtha Paulina'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
- 6 months (Additional Information)
- Repayment Schedule
- Aug 22, 2013
- Sep 10, 2013
- Currency Exchange Loss:
- Jan 17, 2014
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.