Update on Esmeralda YanethEsmeralda has contributed to the improvement of her family circumstances and has complied punctually with her loan repayments. This has been thanks to new profits she has obtained from her business, as from the previous loan she had the necessary supplies to strengthen the business.
The capital that she requires will be invested in the purchase of corn, firewood, chicken feed, chickens and vaccines, so that she can continue developing the sale of tortillas and will have chickens in better condition which will facilitate commercialization.
El capital que requiere lo invertirá en la compra de maíz, leña, concentrado, pollos y vacunas, así continuara elaborando la venta de tortillas y tendrá pollos en mejores condiciones que le faciliten su comercialización
Previous Loan DetailsEsmeralda is a young, married girl with a family and is 29-years-old. She lives with her two children and husband. One of her children already started school. For 10 years, she has been working every day selling tortillas and raising chickens. With this business, she generates the necessary… More from Esmeralda Yaneth'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
- Mar 10, 2014
- Apr 3, 2014
- Currency Exchange Loss:
- Dec 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.