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Julia

Update on Julia

Julia is asking for a new loan so that she can continue to grow her business. Her previous loan allowed her to buy three hundred kilos of middling (coarsely ground wheat mixed with bran) for her pigs and also concentrate (food pellets) for her cows. This increases her productivity.
That last loan generated more earnings for her and these earnings helped her to care for all of her animals. She did not have to sell any in order to cover her costs. Her economic conditions have improved and she is able to provide a better quality of life for her children by providing them with food and an education.
View original language description ↓
Julia, solicita un nuevo préstamo por la necesidad de seguir creciendo en el negocio. Este le permitirá comprar tres quintales de harinilla para los cerdos que ya posee y también concentrado lechero para las vacas que tiene, así aumentar la productividad.
El crédito anterior le genero ganancias y debido a esta inversión le ayudo a mantener todos los animales sin tener que venderlos para cubrir la demanda. Las condiciones económicas han mejorado y con ello ha logrado darle una mejor calidad de vida a sus hijos, alimentación y educación.

Previous Loan Details

Julia raises cattle, pigs and poultry. She lives with her family, her husband and seven children. She attends to her house duties from early morning, and tends the farm. This works helps Julia to keep herself busy and to earn money by the sale of the animals. She is asking for a loan in order ... More from Julia'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
  • 485
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Julia to buy three hundred kilos of middling (coarsely ground wheat mixed with bran) for her pigs and also concentrate (food pellets) for her cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Julia. It was first posted on Kiva on Jan, 2012. Learn More