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Santos Mendaly

Update on Santos Mendaly

Santos has decided on a new loan to invest in the business, as she wants to expand her chicken farm. Through this loan she can buy young chickens and feed.

She thinks that the previous loan permitted her to grow and to expand the farm. Her family circumstances and income have been steady.
View original language description ↓
Santos, se ha decidido por un nuevo préstamo para invertir en el negocio, ya que quiere crecer en su granja de pollos, a través del préstamo podrá realizar la compra de pollos pequeños y concentrado.
Él considera que el préstamo anterior le permitió crecer y tener más amplia la granja, en su familia sus circunstancias se mantienen y los ingresos han sido estables.

Previous Loan Details

Santos lives with her husband and three children who depend on her. She raises and sells chickens, having learned from her husband, and does this along with the housework. She wants to buy chickens to fatten up and expand the farm, now that the Christmas season is approaching and she’s gettin... More from Santos Mendaly's previous loan »

Additional Information

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

  • $7,500
    Average annual income
  • 715
    View loans »
    El Salvador Loans Fundraising
  • $26,095,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Santos Mendaly to buy young chickens and feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Santos Mendaly. It was first posted on Kiva on Dec, 2011. Learn More