Update on MarleniMarleni needs a loan to strengthen her business buying fresh fruit and vegetables to attend to her customers. She will stock up on cucumbers, carrots, onions, tomatoes, strawberries, apples, watermelon. This will help to improve and grow in the market. With the previous loan, she was also able to stock her business. From her earnings, she has improved her house in order to have a safer home that's in better condition.
Con el préstamo anterior logro también surtir el negocio, de sus ganancias ha mejorado su vivienda para tener un hogar mas seguro y en mejores condiciones.
Previous Loan DetailsMarleni sells vegetables. She lives with her family. Marleni's business is to sell vegetables such as tomatoes, radishes, bananas, potatoes which she buys at the municipal market and then sells house-to-house to her customers. She is asking for a loan to buy vegetables as some days she can't g... More from Marleni'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
737View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Apr 20, 2012
- May 27, 2012
- Currency Exchange Loss:
- Sep 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.