Update on Eva AlejandrinaEva is requesting a new loan because she needs to continue growing her business. Her goal is to buy another car so that she can set up a new sales location in another area. This will help her to improve her income and she will be able to grow in the market, reaching more customers.
Eva says that she was able to make a good investment with her previous loan. She increased her sales and her profits with a new sales location. This allowed her to provide her family with better living conditions and she has increased her benefits in terms of food and health.
Ella manifiesta que con el préstamo anterior logró realizar una buena inversión aumentando las ventas y sus ganancias con un nuevo punto de venta, que le han permitido darle una mejor condición de vida a su familia aumentandole sus beneficios en alimentación y salud.
Previous Loan DetailsEva is 28 and lives with her husband in the city of San Miguel. She makes a living selling hot dogs, tortas and tacos in the streets of the municipal market of San Miguel. She also has an employee who tends to another sales post for her business. Eva has permits from the ministry of health and th... More from Eva Alejandrina'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
606View loans »
- Repayment Term
- 32 months (Additional Information)
- Repayment Schedule
- Jun 5, 2012
- Jun 27, 2012
- Currency Exchange Loss:
- Jul 27, 2012
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.