Update on Julia SantosJulia Santos is 34 years old and is married. She has two children who are in school. She herself completed two years of primary education. She makes her living by knitting traditional fabrics. She started this business in order to improve her income and support her parents with the various household expenses. To date she has seven years of experience in this discipline. Her husband also supports her financially.
She is seeking a loan in order to buy a loom and also yarn in various colors. She wants to increase her production and create new designs. She hopes in the future to be able to have more looms and to hire additional workers.
Solicita un préstamo que le servirá para la compra de un telar y también hilos de varios colores, quiere aumentar su producción y tener nuevos diseños, espera en le futuro contar con mas telares y mas trabajadores.
Previous Loan DetailsJulia Santos is married. She’s 32 years old and completed elementary school. She has two children who are in school. She weaves traditional fabrics. She started this work as an employee and now has five years’ experience. Her husband supports her efforts and helps her economically. She’s as... More from Julia Santos's previous loan »
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Feb 2, 2013
- Mar 1, 2013
- Currency Exchange Loss:
- May 19, 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.