Update on Ana HildaAna decided to ask for a new loan, since the last one was a great help to her. She had the need to continue investing in her pottery-making business. She will buy things such as firewood, clay, and nacazcol (a black dye), as well as pay laborer(s) and transportation expenses.
She believes that the effect of the loans has been positive, since she has raw materials to make pottery during the winter. This helps her a great deal in her production and in managing the family income. She has the same number of children as before and her children are still in school. These loans are a great help because she can stock up on raw materials.
Ella considera que su efecto con los créditos ha sido positivo, ya que ha comprado materia prima para la producción de loza en la época de invierno, esto le ayudo mucho para la producción y mantener los ingresos para la familia, en su familia el numero se mantiene, los niños siguen en la escuela, Estos créditos son de mucha ayuda porque se puede surtir de materia prima.
Previous Loan DetailsAna is 45 years old and has two children who are 13 and 15 years old. She is a single mother, and lives with her father. She works making pottery, such as griddles and pots. She started this business because she needed to earn an income for her household. She works from 8:00am to 4:00pm. She… More from Ana Hilda'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
- Feb 4, 2013
- Feb 25, 2013
- Currency Exchange Loss:
- Apr 17, 2014
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.