Update on Ana DinoraAna is asking for a new loan to buy new merchandise for her business. Her objective is to obtain new types of clothes and new styles of blouses, shirts, skirts, pants, and underwear, since this will help her to be better able to serve her customers with a better variety of clothing options.
She had a positive result with her former loan, maintaining a well-stocked inventory has allowed her to increase her customer base and be able to gain more profits from her business. Her family finds themselves more economically stable, as she is better able to help with their basic needs.
Ella tuvo un efecto positivo con el préstamo anterior, manteniendo un inventario surtido lo que le ha permitido aumentar su clientela y poder mejorar sus ganancias en el negocio, con su familia se encuentra estable apoyándose en sus necesidades básicas.
Previous Loan DetailsAna is a clothing merchant. She lives with her three children (ages 18, 13, and 9) who help her with making sales. Ana has been in business for three years and started this venture through her own initiative. She works Monday through Friday. Ana is requesting a loan to buy blouses, short... More from Ana Dinora'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
- Jun 4, 2012
- Jun 27, 2012
- Currency Exchange Loss:
- Jul 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.