Update on FloribeliaFloribelia is requesting a new loan for her business and plans to buy fabrics, zippers, buttons, thread, and also pay for maintenance for her sewing machines. These loans have been very helpful in growing her business.
She believes the previous loan was very helpful because she was able to buy supplies for her workshop and that allowed her to improve customer service. She continues working hard to provide everything necessary for her household. Now she is taking orders for school uniforms.
Ella considera que con el préstamo anterior ha logrado tener mucha ayuda en el negocio, compro insumos para el taller y esto le permite mejorar su atención a los clientes, ella sigue trabajando con mucho empeño para salir las necesidades del hogar, tomando contratos para elaborar uniformes escolares.
Previous Loan DetailsFloribelia is 25 years old and lives in Yamabal in the department of Morazán. She is a seamstress and lives with her daughters, Karla, 9, and Sonia, 5, together with her husband. Floribelia makes dresses and suits. She works all day and uses her income to support her family. She learned her… More from Floribelia'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
- 17 months (Additional Information)
- Repayment Schedule
- Apr 13, 2012
- May 18, 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.