Update on Ana AgustinaAna needs to buy merchandise to sell pupusas. She received good customer services during her previous loan, which motivated her to continue working. She will buy cabbage, oil, tomatoes, condiments and meat so that she can continue making sales.
She says that thanks to her previous loan, she improved her sales and increased her clients, and it helped her to support her children with the necessary things at home. She hopes to be able to continue helping her family get ahead, and these loans help her improve her income.
Ella manifiesta que con el aporte del préstamo anterior, mejoro sus ventas, la clientela han aumentado, le ha servido para mantener a sus hijos con lo necesario en el hogar, su aspiración es poder continuar ayudando a la superación de la familia, estos crédito le ayudan a mejorar los ingresos.
Previous Loan DetailsAna lives with her husband and three children; they live in their own home. She has worked in a pupuseria (a place that makes pupusas, thick corn patties filled with meats, cheese, refried beans, pork rinds or other foodstuffs) that was started by her husband and she has worked on it for some 6… More from Ana Agustina'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
- Nov 7, 2012
- Dec 4, 2012
- Currency Exchange Loss:
- Oct 17, 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.