Petrona Del Carmen
Update on Petrona Del CarmenPetrona is requesting a new loan to invest a little in fish and shrimp for respective sale during the Easter season. This will help her to buy fish, shrimp and other kinds of seafood for sale.
With the previous loan she was able to build a chicken farm, support her family and from the earnings she built a cornfield She has silos of corn that hold approximately 15 sacks altogether. Also, it allowed her to purchase a vehicle for personal use which is useful to her in developing her work.
Con el préstamo anterior pudo hacer una granja de pollos, sostener a su familia y de las ganancias hizo milpa; tiene silos con maíz aproximadamente 15 sacos por todo. También le permitió comprar vehículo para usos personales en donde le sirve para desarrollar su trabajo.
Previous Loan DetailsPetona lives with her family, her mother and four children. She works in agriculture and raising chickens, which she began doing as she needed to have a source of income for her family. Currently, she is asking for a loan to buy small chickens for the farm, and feed, this purchase will help her… More from Petrona Del Carmen'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
- 10 months (Additional Information)
- Repayment Schedule
- Feb 22, 2013
- Mar 17, 2013
- Currency Exchange Loss:
- Nov 17, 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.