Candida Del Carmen
Update on Candida Del CarmenCándida is requesting a new loan to invest in her business. She is taking advantage of the December season and buying merchandise like cheese, cream, curds, and corn. This way she can improve her income and will be able to have variety for her customers.
She believes that the previous loans helped her because she and her family have better conditions in life.
Ella considera que los prestamos anteriores le ayudaron porque ella y su familia se mantiene en mejores condiciones de vida.
Previous Loan DetailsCandida has a business selling dairy products and tortillas. She lives with her 18 year-old daughter. She makes cheese in her rented home. She has had this business for 10 years. She sells in her neighborhood. She goes out to sell the cheese, or her customers come to her, and in addition to… More from Candida Del Carmen'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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Dec 20, 2011
- Jan 6, 2012
- Currency Exchange Loss:
- May 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.