Zenaida Del Carmen
Update on Zenaida Del CarmenZenaida’s asking for a new loan to be able to invest in her business since it’s through it that she’s able to support her family. The borrowed funds will be used to buy corn, firewood, gas and lime powder because they are what will allow her to continue making her daily sales.
She got a positive result from her previous loan in that it allowed her to have everything necessary to continue selling. This improved her income while at the same time her family condition improved too.
Con el préstamo anterior logró tener un efecto positivo ya que le permitió todo lo necesario para continuar realizando su venta, esto le mejoró sus ingresos y al mismo tiempo mejoró su condición familiar.
Previous Loan DetailsZenaida earns a living selling tortillas. She lives with her husband and three dependent children. She was taught to make tortillas at home at a young age, but once she had a family, she worked at making tortillas to provide a source of income for her family. She currently needs to buy supplie... More from Zenaida 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
- 14 months (Additional Information)
- Repayment Schedule
- Jul 11, 2012
- Aug 15, 2012
- Currency Exchange Loss:
- Oct 17, 2014
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.