Update on Mariana JasmineThe members of the “Estancia Vieja” communal bank meet every fifteen days in the city of Portoviejo’s Colon Parish’s Estancia Vieja sector. This is a place of humble people dedicated to agriculture and general commerce.
We met Mariana, 38, here. She’s married and has three children who are 18, 16 and 14 years old; all attend school. Her husband works in agriculture.
Mariana raises pigs and barnyard fowl; she has a small farm at home. Seasonly, she buys large numbers of chicks that she raises for three months which is the time it takes to get them ready for sale. After this period of time she sells them to local stores or also by the pound or live to merchants that come by her house. She’s been doing this work for five years and it allows her to help with her children’s schooling costs.
She will use this new loan to buy chickens, feed and medicine both for the chickens and for the pigs. She’s a founding member of the communal bank and is the group secretary; she’s very happy because they’ve helped her so much. Her dream is to see her children become good professionals and that’s what she strives for every day.
En este lugar vive la señora Mariana, tiene 38 años de edad, está casada y de esta relación tienen tres hijos de 18, 16 y 14 años que estudian en colegio. Su esposo se dedica a la agricultura.
Doña Mariana se dedica a la cría de chanchos y aves de corral, tiene una pequeña granja en sus casa, en temporadas compra una gran cantidad de pollos los cuales los cría de dos a tres meses hasta que estén listos para la venta, después de este tiempo los entrega a algunas tiendas en la localidad y también vende por libras a comerciante que llegan hasta su casa. Lleva 5 años dedicada a esta labor y esto le permite ayudar a sus hijos con los gastos de sus estudios.
Este nuevo crédito lo va utilizar en comprar pollos, alimentos y medicinas tanto para los pollos como para los chanchos. Es fundadora del Grupo De Crédito, es la secretaria del grupo y está muy contenta porque le han ayudado mucho. Sus sueños es ver que sus hijos sean buenos profesionales ya que es por lo que lucha todos los días.
Previous Loan DetailsThe members of the “Estancia Vieja” communal bank meet every fifteen days in the city of Portoviejo’s Colon Parish’s Estancia Vieja sector. This is a place of humble people dedicated to agriculture and general commerce. We met Mariana, 36, here. She’s married and has three children who are 1... More from Mariana Jasmine'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