Update on Maria JuliaMaría is asking for a new loan with the goal of starting a new corn crop with her family. To do so, necessary supplies like manure and herbicides that are applied to the crops to prevent and strengthen the crops must be purchased.
The effect she had from the previous loan was positive. Her condition raising cattle has improved. During this time she’s stayed busy with her work earning income for her family.
El efecto que tubo con el préstamo anterior fue positivo, su condición en la crianza de ganado a mejorado, durante este tiempo a permanecido ocupado en sus trabajos contando con ingresos para su familia.
Previous Loan DetailsMaría is a housewife. She has a house of her own and lives with her family. She’s a farmer and also raises cattle. She is a woman of the countryside. Her family supports her efforts in the different activities because her income depends on these agricultural chores. She is currently asking f... More from Maria Julia'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
- 20 months (Additional Information)
- Repayment Schedule
- Apr 27, 2012
- May 29, 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.