Update on Elvia DinoraElvia is asking for a new loan because she wants to continue working in the business since she considers these loans to be of great help for her to buy her products. She will buy shrimp, fish and also some vegetables like tomatoes, onions and cabbage hoping to be well-received by her customers and having increased sales. The previous loan had a positive effect in that it made it easier for her to earn business profits. She’s purchases some things for the house and an encyclopedia to help with her daughters’ school work.
El préstamo anterior tuvo un efecto positivo que le facilitó la obtención de ganancias del negocio se ha comprado algunos bienes del hogar y una enciclopedia para el estudio de sus hijas.
Previous Loan DetailsElvia lives with her two daughters who are 9 and 4 years old. She has sold fruit and vegetables in the market for many years and she gets economic help from her husband; she works every day, Monday through Sunday. She needs the loan to buy more fruit and vegetables like: bananas, apples,… More from Elvia Dinora'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