Update on Ana BettyAna asks for a loan to buy merchandise for her store including sodas, firewood, corn, snacks, bags and other products that she needs to meet her customers' demands.
The previous loan had a positive impact, since during that time she installed electricity in her home and improved the merchandise in her store. Everyone in her household is well - the same number of family members - and her children are in school.
Con el préstamo anterior tuvo un efecto positivo, ya que durante este tiempo instalo la energía eléctrica en el hogar, mejoro la mercadería en la tienda, en su hogar todos se encuentran bien, manteniendo su número de miembros, sus hijos se encuentran estudiando.
Previous Loan DetailsAna sells tortillas and lives with her husband and their children. She learned to make tortillas when she was living with her parents. Today, she already has an established business with several customers. In addition to this, she runs a store that sells basic household necessities, where she sells… More from Ana Betty'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