Update on Maria GuadalupeMaría is requesting a new loan because she is starting her farm work. She believes that through this support she will be able to improve on-farm production. She will buy fertilizer and corn and beans seeds for planting. This loan will help her so that she may have at her disposal the necessary resources to do her job.
The previous loan had a positive effect as she got 70 bushels of corn and 6 bushels of beans that that she was able to sell. Some of the profit was for her family and the other part was left for food for the family. In this period her only problem has been the sickness in one child but now he is recovering.
Su efecto con el préstamo anterior fue positivo, ya que obtuvo 70 quintales de maíz y seis quintales de frijol de esto se logró vender una parte para generar ganancias su familia, y otra parte la dejo para el alimento familiar, en este periodo su único problema ha sido la enfermedad en un hijo pero que actualmente está en recuperación.
Previous Loan DetailsMaría, 55, lives in Meanguera, Morazán department. She is a corn and bean farmer. She lives with her four children who are 28, 26, 24 and 18 years of age and with three grandchildren who are 14, 10 and 8 years of age. She has been a basic grain farmer, especially corn and beans, for 35 years... More from Maria Guadalupe'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
- At end of term
- Jun 21, 2012
- Jul 12, 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.