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Virginia Del Pilar

Update on Virginia Del Pilar

The members of the ‘Nueva Esperanza’ [New Hope] communal bank meet once a fortnight in the city of Santa Ana. The city is known for its lovely scenery and its beautiful freshwater swimming areas, which are visited by a lot of tourists. Virginia, age 60, lives in this place. She is married, and they have four adult children. The youngest daughter still lives with them. Her husband is a doctor.

Virginia is a housewife and in order to have her own income and to feel useful and independent, she sells clothes, shoes, purses and other items from catalogues. She sells door to door by going around the area with her products. She also sells at her house, where her customers visit when her merchandise arrives.The merchandise is sent from the United States. She has been engaged in this business activity for over six years, and it is going very well for her.

Virginia is taking out another loan so she can have money of her own without depending on her husband. She will invest her profits in buying more merchandise and continue increasing her business. This loan is to buy clothes, shoes, purses, and various other products which she sells. She has been in her communal bank since it started. She likes it because the payments are easy to make. Her dream is to have a boutique.
View original language description ↓
En la ciudad de Santa Ana, conocida por sus bellos paisajes y por sus hermosos balnearios de agua dulce, que son muy visitados por muchos turistas, cada 15 días se reúnen las socias del Banco Comunal Nueva Esperanza.
En este lugar vive la señora Virginia, tiene 60 años de edad, está casada y de esta relación tienen cuatro hijos todos mayores de edad, la menor aun vive con ellos. Su esposo es médico.
Doña Virginia es una ama de casa que para obtener sus propios recursos y sentirse útil e independiente se dedica a la venta de ropa por catalogo, zapatos, carteras, entre otras cosas, su forma de venta es puerta a puerta ella sale a recorrer por la localidad con sus productos o también vende en su casa, hasta donde llegan sus clientes cuando le llega mercadería, esta se la envían desde los Estado Unidos. Tiene más de 6 años que se dedica a esta actividad y le va muy bien.
Ella está repitiendo el crédito para contar con recursos propios sin depender de su marido y que sus ganancias las invierte en comprar más mercadería e ir ampliando su negocio. Este crédito es para comprar ropa, zapatos, carteras y varios productos más que vende. Esta desde el inicio en el Banco Comunal y le gusta porque los pagos son fáciles de hacer. Sus sueños son tener una boutique.

Previous Loan Details

The members of the ‘Nueva Esperanza’ [New Hope] communal bank meet every 15 days in the city of Santa Ana. The city is known for its lovely scenery and its beautiful freshwater swimming areas, which are visited by a lot of tourists. Virginia, age 60, lives in this place. She is married, and ... More from Virginia Del Pilar'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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Virginia Del Pilar to buy clothes, shoes, purses, and various other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014
This photo was used before for a previous loan for Virginia Del Pilar. It was first posted on Kiva on May, 2013. Learn More