Update on Blanca ClaudiaBlanca is seeking a new loan so that she can support her business and make a bigger income. It will help her buy basic products such as soft drinks, juices, and ingredients to prepare dishes, such as oil, meat, chicken, tomatoes, onions, chili, condiments, and more.
Her previous loan has helped her increase her income and has also helped her better support her children. Their economic conditions have improved, as she was already able to buy a pupusa table (pupusas are a traditional dish is El Salvador made from thick corn tortillas stuffed with cheese, pork, chicken, or refried beans) so that she could better server her customers.
El crédito anterior le ha ayudado a aumentar las ganancias y esto ha logrado aportar más para sus hijos; las condiciones económicas han mejorado, ya que le permitió comprar una mesa pupusera para atender mejor a los clientes.
Previous Loan DetailsBlanca runs an eatery and sells beverages. She lives with her two children who are 20 and 15 years old and dependent on her income. Blanca’s business is selling food and beverages. She does so with help from a girlfriend who helps her tend every day from 6am until 7pm. The business has been... More from Blanca Claudia'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
- May 18, 2013
- May 26, 2013
- Currency Exchange Loss:
- Dec 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.