Zoila Del Carmen
Update on Zoila Del CarmenZoila is requesting a new loan so that she can buy a few supplies that she needs for her farm such as concentrated feed for her pigs, corn, bran, and vitamins. This will provide her with what she needs to maintain her farm and feed her pigs so that they can grow under adequate conditions.
The effect of her previous loan was positive. The money helped to increase the number of pigs on her farm. At the same, she was able to improve her sales and expand her customer base. As a result, she generated the revenue she needed to continue working and providing for her family’s needs.
El efecto que tuvo con el préstamo anterior fue positivo, ya que le ayudó a incrementar el número de cerdos en la granja, al mismo tiempo le ayudó para realizar mejores ventas a sus clientes y poder obtener la ganancia necesaria que son el objetivo por el cual se encuentra trabajando, ya que le ayuda a ofrecer a su familia lo necesario.
Previous Loan DetailsZoila lives with her three children, all of whom go to school. She works raising and selling pigs. She has had her business for 15 years. With her sales, she has been able to maintain her home and cover her expenses. She is asking for this loan to purchase 100 pound bags of feed and two pig... More from Zoila Del Carmen'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 6, 2012
- Jun 28, 2012
- Currency Exchange Loss:
- Mar 19, 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.