Update on Nelis EstelaNelis is asking for a new loan because the time to prepare the land for planting is drawing near. She will buy materials again such as fertilizer, insecticides and pesticides to apply them and have a good planting process.
The previous loan allowed her to have a good crop and obtain an abundant harvest. She was able to pay off the loan and she is more solvent to face her household expenses.
El préstamo anterior le permitió realizar un buen cultivo, obteniendo una cosecha abundante, con lo que pudo pagar el préstamo, sus condiciones han sido más solventes frente a las obligaciones del hogar.
Previous Loan DetailsNelis lives with her family - her husband and 2 children. She is a housewife and her husband is a farmer. They started the farm together, helping each other out. She does not have a fixed schedule for her farm work. She asks for a loan to buy agricultural inputs like manure and fertilizers. The… More from Nelis Estela'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 21, 2012
- Apr 17, 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.