Update on Ana GilmaAna is requesting a new loan so that she can obtain the resources she needs and make a new purchase of a variety of clothing, such as blouses, underwear and children's clothing. She will also buy a large amount of pig feed, because she is continuing to work on her farm, and she is aware of the need to always have the animal feed that she needs on hand. At this time, she has two jobs: selling clothing, and raising pigs.
She states that her previous loan allowed her to maintain a financial equilibrium between her business and her family. It has provided her with some financial resources so that she can deal with her obligations.
Ella manifiesta que el crédito anterior le permitío mantener un equilibrio económico entre el negocio y su familia, le ha dado la menor solvencia para hacerle frente a las obligaciones.
Previous Loan DetailsAna lives with her parents. She is the single mother of a 3 year old boy. She works raising pigs. She works at home; her family supports her. She raises the pigs and later offers them for sale. She is applying for a loan with which to buy pig feed in order to raise the pigs. The loan will help... More from Ana Gilma'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
- 8 months (Additional Information)
- Repayment Schedule
- At end of term
- Jun 15, 2012
- Jul 12, 2012
- Currency Exchange Loss:
- Jan 24, 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.