Update on Nelly NarcisaIn Tierras Amarillas, Rocafuerte, the Credit Group ‘Mejorando el Futuro’ meets every 15 days. This area is known for its agriculture as most of the population there work on the crops.
This is where Nelly, 50, lives. She is married and has eight children, six of whom are now adults. The younger two, who are 16 and 14, are studying at school. Four of her children still live in their home. Her husband works in agriculture.
Nelly works in the society with one of her sons. They sell milk, cheese and cattle. Her son uses their car to travel to different farms and collect the milk that they have just milked from their cows. Then he takes it to their house, where they use some of it to make delicious cheese, and the rest of it to sell it around the neighborhood together with the cheese they made the previous day.
Her husband will use part of this loan to buy fertilizer to help with his crops. He grows rice and corn. The rest of it will be used by Nelly to buy milk. She has been in the credit group since it began and she is grateful for the help it offers. Her dream is for her younger children to finish their studies.
En este lugar vive la señora Nelly, tiene 50 años de edad, está casada y de esta relación tienen 8 hijos, 6 de ellos mayores de edad y dos de 16 y 14 años que estudian en colegio, 4 de sus hijos aun viven en su casa. Su esposo se dedica a la agricultura.
Doña Nelly trabaja en sociedad con uno de sus hijos, ellos se dedican a la venta de leche, quesos y ganado, en un carro que tienen su hijo se desplaza a los campos a comprar la leche a ciertos ganaderos y también recogen la leche que ellos ordeñan de sus vacas, para luego llevarla hasta su casa en la cual dedican una parte a elaborar el delicioso queso y la otra parte la lleva a vender por localidades vecinas junto con el queso que el día anterior ella a fabricado, parte del crédito también su marido lo utiliza para sus cultivos, el tiene sembrado arroz y maíz..
Este crédito lo va emplear en comprar leche y abono para los cultivos. Está en el Grupo de Crédito desde el inicio y le gusta por la ayuda que le brindan los créditos. Sus sueños es que sus hijos menores terminen sus estudios.
Previous Loan DetailsThe members of the Merorando El Futuro communal bank meet every two weeks in the area known as Tierras Amarillas of the Rocafuerte settlement. This area is known for its agriculture because a large number of its residents raise short cycle crops. Nelly lives here. She is 50 years old, married,… More from Nelly Narcisa'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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