Update on Ana DoloresAna has decided to seek a new loan in order to make improvements to her business. She believes that her previous loan made a positive impact. She reports that their has been an increase in her sales of tortillas, since she had the necessary materials to increase her production.
She will buy construction materials so she can finish building a wall around her home. She will also buy corn in large quantities and firewood. Her family conditions have improved because she has had higher income.
Ella manifiesta, haber tenido un crecimiento en sus ventas, ya que conto con lo necesario para mejorar la producción de tortillas, en su familia ha cambiado las condiciones porque ha tenido mejores ingresos.
Previous Loan DetailsAna lives with her husband and her grandchildren in their own home. She runs a mill and sells tortillas and has been doing this for 10 years, and this has enabled her to help her husband with the household expenses. She is requesting loans to repair the mill and buy some parts as, at the moment,… More from Ana Dolores'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