Update on Liliana YaniraLiliana needs to purchase more merchandise for the business. She will invest it in wholesale salt and in the purchase of replacement parts for her car that she uses to complete her sales. This loan will help her to keep the car in a good condition.
She thinks that working with loans has helped her to improve the state of her business by strengthening the offerings to her clients. Her family conditions have also improved.
Ella considera que trabajar con prestamos le ha ayudado a mejorara la condición del negocio, fortaleciéndolo para ofrecer a los clientes, en su familia las condiciones han sido mejor.
Previous Loan DetailsLiliana is 27 years old. She lives with her husband, and they have a five-year-old son. She and her husband sell salt. They sell at wholesale to stores and businesses. She has five years of experience, working from Monday to Friday. She is applying for a loan to buy salt at wholesale. This ... More from Liliana Yanira'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 23, 2013
- Jan 30, 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.