Update on Ana HildaAna continues working and now she needs to buy paint and fix the car she uses for her sales. Also, the car will be taken to the mechanic to make some repairs to be in good condition so she can continue offering her products. She thinks this repair is of vital importance because she depends on this car for the smooth running of her business.
She states that the previous loan had a positive effect on her business because it improved the availability of materials. So far, she has maintained her sales and the income for her home, helping her to gradually improve her living conditions.
Ella manifiesta que el préstamo anterior le dio un efecto positivo al negocio ya que mejoró la disponibilidad de materiales hasta el momento ha mantenido sus ventas y los ingresos a su hogar, ayudándole a ir poco a poco mejorando su condición de vida.
Previous Loan DetailsAna sells hamburgers and hotdogs. She lives with her 17 year old daughter; she’s a single mother. She started the business 15 years ago as an employee but then decided to buy the food cart and the furniture thus continuing to offer fast food service across from a university. She requests... More from Ana Hilda'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
- 17 months (Additional Information)
- Repayment Schedule
- Sep 27, 2012
- Oct 23, 2012
- Currency Exchange Loss:
- Jan 18, 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.