Update on Mirna GuadalupeMirna needs to increase her sales of basic staples. For this reason, she is requesting a loan to invest in the purchase of rice, sugar, oil, corn, and other products for her business. This will help her to continue to serve her clients.
She comments that she invested her previous loan in more products to stock her store, and that this helped her to generate more earnings and increase her customer base. She now feels more objective about her business and her economic conditions.
Ella comenta que con el préstamo anterior invirtió en mas productos para surtir mas su tienda y esto le ayudo a generar más ganancias y crecer en clientes, actualmente goza de una mejor objetividad en cuento a su negocio y sus condiciones económicas.
Previous Loan DetailsMirna lives with her husband and one-year-old daughter. She runs a grocery store. Her schedule is 6am to 7pm. It arose by her own initiative aiming at generating household income. The products she offers are oil, rice, cured meats, among others. She is currently asking for a loan to buy more… More from Mirna Guadalupe'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
- Sep 19, 2012
- Oct 19, 2012
- Currency Exchange Loss:
- Sep 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.