Update on Ana VivianaThe Virgen Del Rosario Community Bank meets every 15 days in Colorado del Cantón Montecristi, known for its rich pre-Columbian culture and for its handicrafts that are recognized nationally and worldwide. In this town, the majority of the residents make buttons out of tagua nuts and handicrafts, as well as participate in general commerce. Here we meet Ana. She is 28 years old, and a single mother of three children, ages 12, 8 and 5. The oldest two are in school and the youngest is in kindergarten. She lives in her parents' home. She is a very good mother because her children always have everything they need. Ana makes a living selling Yanbal-brand products (beauty supplies, cosmetics, perfumes and women's accessories) and also recently started to sell all kinds of clothing. She works every day and also sells fish flour. She sells her products door to door, except for the fish flour, which she delivers to merchants who come to the area and then take the product abroad. She has more than eight years of experience in the business. She plans to use this loan to purchase perfumes, lotions, jewelry and all kinds of clothing to take advantage of the approaching holiday season. She has been with the community bank since its inception and is in charge of making the payments, and she likes the help the bank provides. This is a concurrent Kiva loan, and she is requesting it to start her clothing business. The previous loan helped a lot since she was able to buy her products at lower prices and thus increase her profits. And with her family, she was able to do everything she needed to for her children, which gave her more emotional stability. Her dream is to provide her kids with nothing but the best.
Aquí conocimos a la señora Ana, tiene 28 años de edad, es madre soltera de tres hijos de 12, 8 y 5 años de edad, los mayores estudian en escuela y el menor en jardín de infantes. Ella vive en casa de sus padres.
Es una muy buena madre que para que a sus hijos nunca les falte nada se dedica a la venta de productos Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas) y también ha empezado hace poco a vender ropa de todo tipo, ella trabaja todos los días ya que además también se dedica a la venta de harina de pescado, en cuanto a sus ventas las realiza puerta a puerta, en cuanto a la harina de pescado ella se la entrega a comerciantes que llegan hasta la zona para luego llevarlos al extranjero. Ella lleva más de 8 años con su negocio.
Este crédito es para comprar perfumes, cremas, bisutería y ropa de todo tipo y aprovechar las fiestas que se avecinan. Está en el Banco Comunal desde sus inicios, es la fiscal de pagos del banco y le gusta por la ayuda que le dan.
Ella está repitiendo el crédito con Kiva y lo solicita para empezar con su negocio de venta de ropa, el crédito anterior le ayudo mucho ya que logro comprar a bajo precio sus productos y así ganar más, en lo familiar ella pudo cumplir con todo lo que necesitaba para sus hijos con lo que mejoro su estabilidad emocional.
Sus sueños son darles a sus hijos lo mejor.
Previous Loan DetailsThe Virgen Del Rosario Community Bank meets every 15 days in Colorado del Cantón Montecristi, known for its rich pre-colonial culture and for its handicrafts that are recognized nationally and worldwide. In this town, the majority of the residents make buttons out of tagua nuts and handicrafts, a... More from Ana Viviana'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 16, 2011
- Nov 21, 2011
- Currency Exchange Loss:
- Jun 15, 2012
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.