Update on Liliana CarolinaBecause Lilian had a good experience with the previous loan she’s decided to continue working with loans for her tamale sales investing in ingredients to make them like corn, meat, rice, oil and condiments. With these ingredients she’ll also go out to sell grilled meat along the river where many come to bathe. Her intention is to seek alternatives that will allow her to earn income and give her a good occupation. She hopes to stabilize her profits in order to manage the loan well with respect to repayments. Her family has remained well and has improved their living conditions.
Su intensión es buscar alternativas que le permitan generar ingresos y darle una ocupación a ella; espera poder estabilizar sus ganancias para manejar bien este préstamo con el pago de las cuotas; su familia se ha mantenido y mejorado su condición de vida.
Previous Loan DetailsLilian lives with her three children. She sells pupusas and tamales and only receives income from sales made, which are Saturday and Sunday afternoons, but only the pupusas, since the tamales are made on weekdays. She requests a loan for the purchase of corn, tomatoes, spices, oil, to prepare the… More from Liliana Carolina'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
- Apr 4, 2012
- May 6, 2012
- Currency Exchange Loss:
- May 17, 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.