Update on Blanca IdaliaBlanca is requesting a new loan so that she can provide better service to her customers. She will buy corn, firewood, gas, sodas, juices, and soft drinks. This will help her offer a wider variety of products to her customers and provide her with the opportunity to maintain the loyalty of her clientele.
With her previous loan, Blanca was able to buy what she needed to help her business gain more capacity for serving her customers. This resulted in good financial benefits and an increase in her earnings.
Con el préstamo anterior logró comprarse lo necesario para tener un negocio con más capacidad, para atender a los clientes, esto le ha traído buenos beneficios económicos ya que ha incrementado sus ganancias.
Previous Loan DetailsBlanca works selling soft drinks and tortillas. She lives with her husband and two children. Blanca’s business allows her to have an occupation and be able to generate income in order to support her husband with their home expenses. Her business is home based. She is currently requesting a loan ... More from Blanca Idalia'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
- 12 months (Additional Information)
- Repayment Schedule
- Jun 13, 2012
- Jun 30, 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.