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Ana Olivia

Update on Ana Olivia

Ana needs to buy products to sell which is why she is seeking a new loan to be able to buy corn, yucca, plantains, tomatoes and cabbage. This will allow her to have the most necessary items to sell and that way to have a source of income. She states that working with loans has allowed her to have what is needed to maintain a business, that her family's circumstances are better, and that her income has increased with higher earnings.
View original language description ↓
Ana, necesita realizar la compra de productos para la venta, por eso solicita un nuevo financiamiento para la compra de elotes, yuca, plátanos, tomates, repollo, esto le permitirá tener lo más necesario para la venta y así tener una fuente de ingreso.
Ella comenta que trabajar con préstamos, le ha permitido tener lo necesario para realizar el negocio, sus circunstancias familiares son mejor, en su economia ha progresado ya que ha tenido ingresos mayores.

Previous Loan Details

Ana sells snacks such as tamales, enchiladas, and empanadas. She lives with her parents and other family members. She has a daughter whom she supports financially. Ana learned her business from her mother and they sell their wares in the streets of the town. She doesn't have a fixed work sched... More from Ana Olivia's previous loan »

Additional Information

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

  • $4,900
    Average annual income
  • 657
    View loans »
    El Salvador Loans Fundraising
  • $24,202,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Ana Olivia to buy corn, yucca, plantains, tomatoes and cabbage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Ana Olivia. It was first posted on Kiva on Aug, 2012. Learn More