Update on Blanca BeatrizBlanca would like another loan. On this occasion, she’ll use the loan to repair her tortilla iron on which she makes tortillas, and to buy spare parts for it. She needs her tortilla iron to be in good condition since she makes her living from cooking and selling tortillas.
She considers that the last loan was very beneficial as she was able to maintain her family in good conditions without suffering any hardships.
Ella considera que ha tenido un buen trabajo con el préstamo anterior, ha mantenido a su familia en buenas condiciones y no han pasado dificultades.
Previous Loan DetailsBlanca lives with her parents and her 10-year-old son. She has a small restaurant where she serves breakfast, lunch and dinner. She also sells tortillas. She has had this business for several years and works in it every day, from Monday to Sunday. Blanca will use her loan to buy tables and ... More from Blanca Beatriz'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
- 17 months (Additional Information)
- Repayment Schedule
- Jan 11, 2012
- Feb 9, 2012
- Currency Exchange Loss:
- Nov 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.