Gladis Del Transito
Update on Gladis Del TransitoGladis seeks a new loan to invest in her seafood business and to begin growing corn, buying fertilizer and herbicide to start a field of corn.
A prior loan helped her better her living standards by investing in her farm and seafood sales business. Her family size did not increase, but her living conditions are much better.
Ella considera que el préstamo anterior le ayudo para realizar una buena inversión en el cultivo y en la venta de mariscos, sus condiciones han mejorado, la familia no ha aumentado, pero si las condiciones de vida.
Previous Loan DetailsGladis lives with her husband and two children. She sells seafood and also is involved in agriculture. With the help of her family, she set up both businesses on her own initiative. Her work hours are from 7:00 a.m. to 5:00 p.m. She currently is requesting a loan to buy farm supplies such a... More from Gladis Del Transito'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 28, 2012
- Apr 17, 2012
- Currency Exchange Loss:
- Jan 18, 2014
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.