Update on Bertha AlisBertha has found the need of opting for a new loan because she requires more working capital to strengthen her business to grow financially. This will help her buy tomatoes, avocados, corn, beans, fruit, and more.
Her last loan helped her a lot as she obtained higher profits and improved her family circumstances.
El crédito anterior le fue de mucha ayuda, ya que obtuvo mejores ganancias y mejoro las circunstancias familiares.
Previous Loan DetailsBertha lives with her three children, ages 15, 10, and 3, all of whom depend on her. Bertha makes a living selling tortillas and vegetables. Her business is in the market and she does it every day. Bertha's requesting a loan to buy corn as well as a griddle to make pupusas and metal sheets t... More from Bertha Alis'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