Update on Rosa CandidaRosa is requesting a new loan to invest in growing basic grains. She will pay labor costs and will purchase a corn sheller to shell the harvested corn. This will help her to shell the corn so that it is ready for consumption.
With the previous loan, Rosa increased the productivity of her farm and was able to sell her produce and generate income which she used to feed her family. Thanks to the investment she made, she has been able to improve her standard of living.
Con el préstamo anterior incremento la productividad de sus cultivos, con ello le ha dado la oportunidad de vender y tener ingresos, los cuales utiliza para los gastos de alimentación en su familia. Gracias a la inversión realizada ha mejorado sus condiciones.
Previous Loan DetailsRosa's business is raising pigs. She is 42 years old and the single mother of a one-year-old child. Her farm is located on her property and she set it up on her own initiative. Rosa is requesting a loan to buy two pigs and concentrated feed. With this purchase, she hopes to have what she… More from Rosa Candida'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 16, 2012
- Dec 4, 2012
- Currency Exchange Loss:
- Nov 25, 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.