Update on EstebanaEstebana is applying for a new loan to buy pig feed and to repair her pig pen. She will purchase concentrate feed, metal sheeting and wood which will help her to keep her business well maintained.
Her previous loan turned out positively because she managed to buy the materials needed to carry out her milpa-style farming, and this helped her to earn more for her family.
El efecto que tuvo de su préstamo anterior fue positivo, porque logro comprar materiales para realizar la milpa, ya que esto le ayuda para tener ingresos para la familia.
Previous Loan DetailsEstebana is 62 years old. She is married and lives with her husband and three children, two of whom are working and the other has Down's Syndrome. Estebana works processing dairy products as well as growing corn which she has been doing for more than 20 years. Currently, her husband is plantin... More from Estebana'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
- Mar 16, 2012
- Apr 16, 2012
- Currency Exchange Loss:
- Apr 19, 2013
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.