Update on Sandra YaniraSandra is requesting this loan in order to purchase pigs for her farm. This investment will help her sustain her business and hopefully lead to increased profits and a better quality of life for her family.
Her previous loans have helped her improve her financial condition, invest in her business, expand her customer base and create a stable situation for her immedaite family.
Manifiesta que los préstamos obtenidos a través de la institución le han permitido mejorar su situación económica, invirtiendo en el negocio y ganando más clientes, hasta el momento ha logrado generar una condición de vida más estable en su núcleo familiar.
Previous Loan DetailsSandra lives with her family, parents and siblings, is single and has no children. Everyone in her family works to help with household expenses, and Sandra does her part by raising pigs. She also has a job gathering data from rural areas, for government assistance. Her parents started her busi... More from Sandra Yanira'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
- Jul 4, 2012
- Jul 31, 2012
- Currency Exchange Loss:
- Mar 20, 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.