Update on Ana ObduliaAna is asking for a new loan to invest in her business and also to make improvements to her home. She will buy ingredients to make bread, such as flour and sugar, and she will use part of it for clothing sales, buying different types of garments, such as tops and skirts. She will invest another part of it in her home and in the purchase of chickens, all of which is to get the most out of the holiday season.
She believes that these loans help her improve her business and they are how, little by little, she has been improving her home facilities and helping her children with their studies.
Ella considera que los préstamos le sirven para mejorar el negocio y de esta manera ha ido poco a poco mejorando las instalaciones de la casa y apoyar a sus hijos en los estudios.
Previous Loan DetailsAna is asking for a new loan to be able to continue investing in her business. She has decided to take on this new obligation to buy new things with the intent of offering her customers new styles for the approaching season. She will buy casual and formal blouses, dresses, shirts, pants, and… More from Ana Obdulia'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