Update on Digna EsperanzaDigna needs more capital in order to continue working. She will use this loan to buy corn at wholesale, firewood, and beans with which to make tamales to sell. This loan will help her to have everything she needs to prepare and sell them.
Digna's previous loan helped her to obtain all the necessary resources for her to work, and since then she has been earning more from her work and has been able to help out with her family's expenses.
Considera que el préstamo anterior le dio lo necesario en recursos, hasta el momento se ha mantenido con las ganancias del mismo negocio, colaborando a su familia en todo lo más necesario.
Previous Loan DetailsDigna lives with her husband and three sons aged 14, 18, and 21. She works selling tamales made with chicken and beans which, together with her sons, she sells from 6 a.m. to 7 p.m. daily in the market. She needs the loan to buy supplies for making the tamales: corn, beans, firewood, chicken ... More from Digna Esperanza'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
- Jan 7, 2013
- Jan 15, 2013
- Currency Exchange Loss:
- Sep 18, 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.