Update on Ana MayelaAna has chosen to get another loan which she will invest in the purchase of flowers (natural and artificial), floral foam, wire, and other articles needed in the house. With this she will have her business supplied and be able to satisfy her clients.
With the previous loan, she improved her business, she had higher sales, her finance improved, and she was able to pay off her debts.
Con el crédito anterior ella mejoro el negocio, tuvo mayores ventas, su economía mejoro y ha podido ir cancelando sus cuotas.
Previous Loan DetailsAna lives in Jucuapa, departament of Usulután. She has her own house where she lives with her mother. Ana sells plastic products and clothing. Her grandmother started this business, which she inherited. The sales hours are from 7:00 a.m. to 5:00 p.m. in the municipal market. She is asking for… More from Ana Mayela'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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This loan has been fully funded!