Update on Mirna YesseniaMirna Yessenia has decided to request another loan so that she can buy more plated and gold jewelry such as chains, bracelets, earrings, rings, pendants, bracelets, and other items.
The effect of her previous loan was positive. She was able to increase the quantity and variety of plated and gold jewelry that she offers. Mirna says that she has been able to support her family with the increase of income. She wants to maintain her level of sales and have a more profitable business.
El efecto que tubo con el crédito anterior fue positivo, ya que mejoro el numero y modelos de prendas de enchape y de oro.
Comenta que la familia se ha mantenido, los ingresos han aumentado, y sus deseos es mantenerse al margen con las ventas y que su negocio le sea más rentable.
Previous Loan DetailsMirna is single and lives with family members. She is employed as a secretary and has been working for two years. Six months ago she started a business selling gold-plated jewelry. Her goal is to try to find the alternatives necessary to increase her income. She is requesting a loan to buy ... More from Mirna Yessenia'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
697View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 10 months (Additional Information)
- Repayment Schedule
- Aug 16, 2012
- Sep 21, 2012
- Currency Exchange Loss:
- May 17, 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.