Update on Rubia CarolinaRubia is now seeking a new loan as she needs to buy fertilizer and herbicides as well as some chili plants. She decided to apply for this new loan as she managed to pay back the first one easily, and it helped her to increase production and make more sales.
Her family continues working too. They are happy with the loans that Rubia is able to obtain as they help with everyone’s work.
Su familia continua siempre trabajando, están contentos con los préstamos que Rubia está tomando, pues sirven para el trabajo de todos.
Previous Loan DetailsRubia is from El Transito, San Miguel. She makes a living by farming chilies and pepitas (pumpkin seeds). Rubia is 48 years old, married, and has three children age 30, 28 and 20. She has been farming since she was quite young. Rubia has asked for a loan so that she can buy manure and fertilizer.... More from Rubia Carolina'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
835View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Oct 10, 2011
- Nov 7, 2011
- Currency Exchange Loss:
- Oct 16, 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.