Update on Ana LuciaAna has progressed with the help of the previous loan. She increased the inventory in her store with the products that her customers look for day to day. Her new financial situation has allowed her to pay off her debts and cover her household expenses and her family has a better quality of life.
She has decided on a new loan to buy oil, detergent, soap, eggs, salt, rice, beans, bags and beverages. She will continue working and expanding her business to maintain her financial stability.
Opta por un nuevo préstamo para comprar aceite, detergentes, jabón, huevos, azúcar, sal, arroz, frijol, bolsas y bebidas así continuara trabajando y ampliado su negocio para mantener su estabilidad económica.
Previous Loan DetailsAna has decided to take out another loan to buy products for her shop. She plans to buy sugar, chicken, rice, beans, drinks, soap and other items so she can have a well stocked shop to serve her customers better and continue to increase her business. With her previous loan she benefitted from... More from Ana Lucia'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
711View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jul 9, 2014
- Jul 27, 2014
- Currency Exchange Loss:
- Feb 17, 2015
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.