Vilma Del Carmen
Update on Vilma Del CarmenVilma is always tending to her store. These days, she is interested in a new loan that will allow her to purchase more items to offer more variety in her store, non-perishable items such as noodles, rice, beans, and detergents, as well as bread, snacks, and cookies. Her desire is to maintain her customer base.
She says that her previous loan helped her to see a positive effect in her earnings through the purchase of merchandise which increased product availability for her customers, which in turn provided her with a better opportunity to make sales and be able to have more stability for her family.
Ella manifiesta que con el préstamo anterior logró dar un efecto positivo a sus ganancias a través de la compra de mercadería aumentando la disponibilidad para sus clientes, esto le ha dado mayor oportunidad de ventas y poder tener una mejor estabilidad de la familia.
Previous Loan DetailsVilma lives with her husband, and doesn't have children. She runs a store, where she sells products for daily use. She has had the business for 5 years, with her husband's help. She is applying for a loan to buy merchandise: cooking oil, eggs, bread, detergents, soft drinks, juices; to… More from Vilma 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
- 11 months (Additional Information)
- Repayment Schedule
- Jun 13, 2012
- Jun 30, 2012
- Currency Exchange Loss:
- Apr 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.