Update on Editha JudithThe members of the Mejorando El Futuro communal bank meet every two weeks in a place called Tierras Amarillas, within the Rocafuerte settlement. This sector is known for its agriculture and most of its residents raise short cycle crops. Editha lives here. She’s 30 years old and is in a live in relationship, with a 13 year old daughter who attends school. Her husband is a farmer. Editha is taking out the loan for her husband, who works in agriculture growing rice, corn and vegetables.
She is in charge of getting the loans with which they finance their crops, while her husband works the fields, along with two other people whom they pay. They plant all year round now that they have irrigation pumps which make this possible. During the current winter season they have increased the amount of land for cultivation and so they are hoping for a good yield this year.
They will use the money from this loan to buy fertilizers, and also pay for labor to look after the crops. She has been part of the communal bank for 5 cycles and she likes it because it helps her with loans. She is hoping to have a very good harvest.
En este lugar vive la señora Editha, tiene 30 años de edad y mantiene una relación de unión libre de la cual tiene una hija de 13 años que estudia en colegio. El marido se dedica a la agricultura.
Doña Editha realiza el crédito para su esposo, el mismo que se dedica a la agricultura, el siembra cultivos de arroz, maíz y verduras, ella se encarga de realizar los créditos con los cuales financian estos cultivos mientras que su marido es quien se dedica a los trabajos en el campo junto con dos personas más a quienes les pagan por su trabajo, siembran en toda época del año ya que cuentan con bombas de riego para esto, actualmente en esta época invernal han aumentado la cantidad de tierra para el cultivo por lo cual esperan tener una gran producción este año.
Este crédito lo va emplear en comprar fertilizantes y pagar mano de obra para trabajos en los cultivos. Está en el Grupo de Crédito desde hace 5 años y le gusta porque le ayudan con los créditos. Sus sueños es tener una muy buena cosecha
Previous Loan DetailsThe members of the Mejorando El Futuro communal bank meet every two weeks in a place called Tierras Amarillas, within the Rocafuerte settlement. This sector is known for its agriculture and most of its residents raise short cycle crops. Editha lives here. She’s 29 years old and is in a… More from Editha Judith'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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