Update on Nancy PiedadNancy is a founding member of the El Cisne loan group. She lives in the El Valle parish, which is located to the southwest of the city of Cuenca and is famous for its production of corn, potatoes, etc. Its tourist attractions are the lake of Cochapamba, which is full of totora (the plant), and the Tasqui hill, which allows for a beautiful view from the parish and city of Cuenca. Its people are very warm and friendly.
Nancy is 39 years old, is married and has conceived four children as the fruit of her marital union, ages 21, 20, 10 and 8. Her oldest daughter is married and lives independently and her second daughter is at home helping with the chores. Her last two children are studying in a local school and her husband makes a living in carpentry. They own the house they live in.
Nancy sells a great variety of animals like chickens, guinea pigs and pigs. She only works on market days. She also makes a living in agriculture, which is for her household's consumption and also for sale. The money is for the purchase of chickens and guinea pigs. Her goal is to continue growing her business.
La Señora. Nancy tiene39 años de edad, está casada y fruto de su unión conyugal ha concebido 4 hijos de 21, 20, 10 y 8 años de edad, su primera hija esa casada y vive independiente, su segunda hija pasa en casa ayudando a los quehaceres, sus dos últimos hijos están estudiando en una escuelita de la localidad, su esposo se dedica a la carpintería, la casa en la que vive es propia.
Doña Nancy comercializa una gran variedad de animales como pollos, cuyes y cerdos, trabaja solo días de feria. También se dedica a la agricultura que es para el consumo de su casa y también vende. El dinero es para la compra de pollos y cuyes. Su meta es continuar creciendo en el negocio.
Previous Loan DetailsNancy is a founding member of the 'El Cisne' community bank. During her time as a member of the bank, she has become good friends with her neighbors and fellow group members. She lives on the outskirts of El Valle parish, in Cuenca. This is a cold-climate area whose architecture is a mixture of… More from Nancy Piedad'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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