Idalia Del Carmen
Update on Idalia Del CarmenIdalia needs more working capital to continue her business and thus earn more income. This will allow her to buy more pigs and feed to fatten them.
The previous loan had a notable effect, since it helped her to grow and to have everything necessary in order to work. The economic conditions have improved, since the profits have increased, and the family circumstances have remained the same.
El efecto del crédito anterior fue notable, ya que le ayudo a crecer y tener todo lo necesario para trabajar; las condiciones económicas han mejorado, ya que las utilidades han incrementado y las circunstancias familiares se mantienen.
Previous Loan DetailsIdalia works raising pigs. She lives with her husband and his family. She doesn't have children and for the moment no one depends economically on her income. She learned the business with her husband. She works from home and has good experience to attend to the demands of the farm. She is… More from Idalia 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
- 14 months (Additional Information)
- Repayment Schedule
- May 10, 2013
- May 31, 2013
- Currency Exchange Loss:
- Apr 17, 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.