Update on Alexandra IsabelAlexandra is a member of the communal bank “Las Cuencanitas”. She likes it since all the members are in unity and share pleasant moments at each meeting. She lives in the city of Cuenca, which is recognised for its natural, architectural, and cultural beauty. The city is home to great sportsmen, writers, and, above all, very kind people.
Alexandra is 29 years old and married. From her marriage she has a son, now 10 years of age, who is studying at a small school in the city. Her husband is a highly skilled artisan. They do not have their own house so they rent.
Alexandra is a woman who likes independence as much as her husband does; for this reason they have their own business, which is making and selling artisan products. They sell their products throughout the city. She learnt this activity from her husband and she likes it a lot because she can develop her skills and is not dependent on a boss.
She invested the previous loan in raw materials for her business, and as she obtained good profits she was able to settle many of her household expenses. She is repeating the loan in order to purchase more raw materials for her business, such as paint, ceramics, thread, and wool so the business keeps growing.
Señora Alexandra tiene 29 años, es casada y en su unión conyugal ha concebido un hijo de 10 años que está estudiando en una escuelita de la ciudad. Su esposo es muy hábil y se dedica a la elaboración de artesanías, no tienen casa propia por lo que viven arrendando.
Doña Alexandra Alexandra es una mujer que le gusta la independencia al igual que a su esposo, por eso tienen un negocio propio que es la elaboración y venta de artesanías, venden sus productos recorriendo por la ciudad, esta actividad la aprendió de su esposo le gusta mucho porque en este trabajo desarrolla sus destrezas y no depende de jefes.
Su crédito anterior lo invirtió en materia prima para su negocio, como obtuvo buenas ganancias pudo solventar muchos gastos de su hogar. Ella está repitiendo el crédito para comprar más materia prima para su negocio como pinturas, cerámicas, hilos, lanas, etc. para seguir creciendo en el negocio.
Previous Loan DetailsAlexandra is getting her second loan along side her friends and partners in the communal bank "Las Cuencanitas" (The Ladies of Cuenca). She lives in the city of Cuenca, which has been a UNESCO World Heritage site since December 1999. It has a cold climate and a varied gastronomy that captivates the… More from Alexandra Isabel'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
- 8 months (Additional Information)
- Repayment Schedule
- Nov 15, 2013
- Dec 4, 2013
- Currency Exchange Loss:
- Jun 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.