Update on Deysi AydeeDeysi has decided on a new loan because of the good results that she obtained. Now she will use the capital to buy melons, papayas, cucumbers, green beans, jocotes (a plumlike tree fruit also known as mombin), passion fruit, squash, and so forth, in order to offer fresh merchandise of good quality to her customers.
With the previous loan, she stocked her sales stand with the necessary fruits and vegetables to meet the demands of her customers, her income was better, she paid her debts, and she lives in better circumstances, along with her family.
Con el préstamo anterior surtió la venta con frutas y verduras necesarias para cubrir las demandas de sus clientes, sus ingresos son mejores, ha cancelado sus deudas, vive en mejores circunstancias junto a su familia.
Previous Loan DetailsDeysi lives with her life partner and her two children who are 8 and 10 years old. She sells vegetables and fruits, a business that came about due to the need to increase income to cover household expenses. She sells her products from 8:00 am to 5:00 pm. It has already been one year since she sta... More from Deysi Aydee'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.
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About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Mar 20, 2014
- Apr 1, 2014
- Currency Exchange Loss:
- Nov 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.