Update on Gladis AideeGladis is seeking a new loan to invest in her business. She will buy milk so that she can process cheese and curd. With this she hopes to increase her sales and she will be able to continue working in order to continue improving her family's situation.
With her previous loan she had a positive outcome. She had all the necessary merchandise to sell, her conditions had changed, and she made a higher income for her family.
Con el préstamo anterior tuvo un efecto positivo, teniendo la mercadería necesario para vender, sus condiciones han cambiado, teniendo mejores ganancias para su familia.
Previous Loan DetailsGladis lives alone. Her children do not live in her house because they are independent. She is divorced. She has a business selling dairy products, which she started with her own initiative. She does not have a fixed schedule for seeing to her customers. She is requesting a loan to buy mil... More from Gladis Aidee'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 11, 2012
- May 17, 2012
- Currency Exchange Loss:
- Jun 18, 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.