Update on Rosa HildaRosa is asking for a new loan with the intention of improving her business, giving her the necessary strengthening of her business. She will buy chickens to fatten and little ones for her farm, and also feed to nourish them. This will help her to improve her business conditions and to increase the number of chickens she can sell.
She reports that the previous loan has helped her to stay in business, with a more suitable farm, and with enough chickens on her farm that she has been able to generate sales to her customers and maintain an income for her family's necessities.
Ella manifiesta que el préstamo anterior le ha ayudado para mantenerse en el negocio,con una granja mas adecuada, con un número adecuado de pollos en su granja, que le ha permitido poder generar ventas a los clientes y mantener lo necesario para su familia.
Previous Loan DetailsRosa lives with her children, all of whom are adults. Her job is a chicken farm she has run for 15 years. This job is to her liking, and she does not have a fixed schedule to take care of it. Since she is at home, she takes care of the household at the same time as the farm. She is requesti... More from Rosa Hilda'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
- 12 months (Additional Information)
- Repayment Schedule
- Jun 6, 2012
- Jun 27, 2012
- Currency Exchange Loss:
- Mar 19, 2013
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.