Update on EvangelinaEvangelina is requesting a loan to buy accessories like belts and sparkplugs for her mill; she will also buy merchandise like rice, beans, soap and oil for the store. These are just some of the things she’ll buy and it will serve to keep the business going providing both mill service and the store. She had a positive effect with the previous loan. She was able to improve the mill’s location and to buy products for the business. This led to a better family situation; she had everything she needed. Her wish is to continue improving her business.
Con el préstamo anterior tuvo un efecto positivo, le permitió mejorar el local del molino, comprar productos para el negocio, esto le dado mejor situación con su familia, manteniendo todo lo necesario, su deseo es mejorar continuamente su negocio.
Previous Loan DetailsEvangelina provides grinding services for making cornmeal. She also manages a small store where she sells household products. Evangelina is a single mother with three children. Her businesses have helped her get ahead with providing for their needs. She started her businesses through her own ... More from Evangelina'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 14, 2012
- Dec 4, 2012
- Currency Exchange Loss:
- Nov 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.