Update on Carolina LissetCarolina decided to request a new loan because she wants to restock her business for the Christmas season. She will buy women’s blouses, children’s clothing, and undergarments. The loan will help to improve the inventory she offers to her customers.
Carolina says that working with the loans has allowed her to improve her business and stabilize its condition. With regard to her family, her children have been able to attend school.
Ella manifiesta que trabajar con préstamos le ha permitido mejorar el negocio, dándole una condición más estable, en su familia sus hijos están asistiendo a la escuela.
Previous Loan DetailsCarolina works selling sandals and new clothing. She lives in her brother's house with her husband and five children. Her husband is a plumber, and helps her cover the household expenses. Carolina goes out to sell in the area nearby. She is requesting a loan to buy new clothing to resell, blo... More from Carolina Lisset'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
- Dec 11, 2012
- Dec 28, 2012
- Currency Exchange Loss:
- Oct 17, 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.