Update on Helena EmperatrizHelena wants to re-supply her shop, which is why she asks for a new loan in order to increase her sales of plated jewellery, new clothing and products from catalogues. She will buy lotions, creams, earrings, and clothes. She hopes these purchases will sell well and help her increase her income. The previous loan was very successful in this regard, as she was able to start selling plated jewellery and products from catalogues. Her family's needs are still the same. Helena wants to keep investing in her business and to start selling new clothing.
Con el préstamo anterior tuvo un efecto positivo, ya que surtio el negocio de venta enchape y productos de revistas, en su familia se ha mantenido sus condiciones; hoy en día se encuentra ofreciendo la venta de ropa nueva y su deseo es continuar aumentando la inversión.
Previous Loan DetailsHelen sells catalog products and gold-plated jewelry items. She is a housewife, and lives with her husband and a son. She has been in the business of selling cosmetics and jewelry for six years. She is applying for a loan to buy more plated jewelry and beauty products such as make-up, lipsticks… More from Helena Emperatriz'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
661View loans »
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Oct 9, 2012
- Nov 10, 2012
- Currency Exchange Loss:
- Dec 10, 2012
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.