Update on MiriamMiriam needs to loan to buy feed, millet, sorghum and vitamins to tend to her chickens so they are well and living in good condition, and continue producing, and to obtain eggs. She made the decision to take a new loan because her work is going well, the attention she received and the transaction was quick. She needs the contribution to improve her business on a daily basis.
Previous Loan DetailsMiriam lives in San Francisco Gotera in the department of Morazán. She runs a free range chicken farm. She lives with her husband, close by to her family. She runs her business from her own home, feeding and caring for her chickens so that they will grow and fatten up enough for her to sell. At… More from Miriam'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.
About El Salvador
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Success!! The loan was 100% repaid