Update on Ana ElizabethAna is applying for a new loan to improve the availability of materials for making bread. She will buy a considerable quantity of flour, yeast, firewood and other products, with which she will be working to improve her bakery.
The previous loan had a positive effect, helping her to maintain sales to her customers, and her family's situation has improved.
El efecto que tuvo con el préstamo anterior fue positivo, ayudándole a mantener las ventas con sus clientes y su condición en la familia a mejorado.
Previous Loan DetailsAna is 27 years old and she lives in Jiquilisco, in the region of Usulutan. She has a bakery. She lives together with her husband and children. She has had her business for the past five years. She works with her husband making bread and her children help out with the sales. She requests a loa... More from Ana Elizabeth'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.
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Success!! The loan was 100% repaid