Update on Cesia EvelynCesia is asking for a loan to purchase merchandise such as corn and oil for her business in order to continue making tamales. Her objective is to continue looking for options to be able to maintain the business.
The previous loan had a positive effect. She succeeded in making a good investment and maintaining production in the business. It is helping to maintain her family in a stable condition and at the same time she has greater security in continuing to work.
El préstamo anterior tuvo un efecto positivo del cual logró realizar una buena inversión y mantener la producción en el negocio, esta ayudado a mantener a su familia en una condición estable y al mismo tiempo tener la mayor seguridad que continuar trabajando.
Previous Loan DetailsCesia lives with her mother in her family home. She prepares and sells tamales, an activity she has learned form her mother and in which she has been engaged for 5 years. She is currently requesting a loan to buy ingredients and supplies such as maize, lime, firewood, seasonings, and chicken to… More from Cesia Evelyn'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
- Jul 10, 2012
- Jul 24, 2012
- Currency Exchange Loss:
- Feb 16, 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.