Update on Yenis MaritzaYenis is interested in a new loan to use in paying for the rent on a plot of land that she will use to plant corn and beans. With this loan she will be able to cover the cost of the rent and quickly begin the planting processes.
Her previous loan helped Yenis to purchase agricultural supplies for her crops. Thanks to God she had good results with good harvests.
El crédito anterior le ayudo a Yenis a comprar insumos agrícolas para los cultivos, gracias a Dios tuvo buenos resultados con buenas cosechas.
Previous Loan DetailsYenis is a single mother with two children aged 10 and 8. As well as looking after the house she also works in agriculture to earn an income for her family expenses. She is requesting a loan because she is about to start this season's sowing and she will need manure and fertilizers. The loan will… More from Yenis Maritza'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
- 10 months (Additional Information)
- Repayment Schedule
- At end of term
- Jan 18, 2012
- Feb 11, 2012
- 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.