Update on Ana EstelaAna is applying for a loan because she needs to improve her business. She will buy a variety of clothing, such as shirts and skirts, as well as lotions in a variety of fragrances. This will help her to continue working, as her business will be in a better condition.
Her previous loan has proven to have a positive effect. It allowed her to work and provide necessities for her family. Her business is stocked with merchandise and her family is in a stable condition.
Con el préstamo anterior ella manifiesta haber tenido un efecto positivo, que le permitió trabajar y proveer a su familia lo necesario, su negocio conto con mercadería, sus condiciones en la familia han sido estables.
Previous Loan DetailsAna decided to apply for a loan in order to invest in her business and purchase clothing for adults, children, and to purchase lotions for resale. The upcoming sale season is typically more profitable, and Ana hopes to take advantage of this opportunity. Ana was able to leverage the support from… More from Ana Estela'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