Update on Blanca IsabelBlanca has decided to request a new loan in order to be able to buy more cashew nuts to sell since it is now the new season for the production of cashews. This loan will be be a great contribution, allowing her to obtain the raw nuts at a low cost, process them and sell them.
As demonstrated with her former loan, she was able to make achievements such as improving her business earnings and also supporting her family with home expenses. Her intention to work through her home is being accomplished with the support of these loans, since they finance what is necessary for this purpose.
Manifiesta que con el préstamo anterior ha logrado mejorar sus ganancias en el negocio y también apoya a su familia con los gastos del hogar, su intension de trabajar por su hogar esta realizandose con el apoyo de estos prestamos, ya que le financian lo necesario.
Previous Loan DetailsBlanca lives with her husband. She has two children, but they are already married. Blanca sells cashew nuts. She started this business as a way of generating income to cover some of her household needs. Blanca performs the work with her husband.
She is requesting a loan to buy raw… More from Blanca Isabel'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 25, 2012
- Aug 28, 2012
- Currency Exchange Loss:
- Jul 18, 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.