Doris Del Carmen
Update on Doris Del CarmenDoris decided to request another loan because her previous loan was a very important resource for improving her business. She will buy corn, flour, oil, and other things she needs to make various corn-based dishes. With the previous loan, Doris increased her earnings, expanded her business, and has also become more popular with her customers, who feel satisfied with the service she provides. She has improved her financial stability and this gives her family a better quality of life. Doris wants to continue with her business to support her children in school.
Ha mejorado su estabilidad económica y de esa forma las condiciones de vida que le da a su familia son mejores. Desea seguir con su negocio para apoyar a sus hijos en sus estudios.
Previous Loan DetailsDoris sells tamales. She currently lives with her 2 children. She is a single mother and gets up very early to prepare what she needs to make the tamales. She learned the business from her mother more than 15 years ago. She is asking for a loan to buy ingredients such as corn, chicken,… More from Doris 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
- 8 months (Additional Information)
- Repayment Schedule
- At end of term
- Sep 14, 2013
- Oct 5, 2013
- Currency Exchange Loss:
- Apr 16, 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.