Update on Ana DaysiAna is asking for a new loan, since she is continuing to sell fried chicken and needs to invest in her business. She will buy dressed chicken, oil, condiments, and other ingredients that she needs to make her chicken and maintain its great flavor. This will help her to give continuity to her business and maintain fidelity to her good product.
Her former loan helped her to create greater profitability, now that she has had success in producing fried chicken for her customers, and her economic status is getting better thanks to the loans.
El credito anterior le ayudó para generarle una mejor rentabilidad, ya que ha logrado tener la producción de pollo dorado a sus clientes, sus condiciones económicas a través de los préstamos están superando.
Previous Loan DetailsAna makes a living selling fried chicken. She lives with her three children, who are young and still dependent on her. Ana purchases raw chicken and then cooks it and sells pieces of fried chicken. She has had this business for two years, and developed it through her own initiative. An... More from Ana Daysi'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 13, 2012
- Jun 30, 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.