Update on Ana Elizabeth
Ana is 41-years old. She went to school until high school. She is married and has two children who are both in high school. Ana has been employed in an electrical company for 22 years. She learned to do this job on her own because when she left school she started looking for work to help her parents. The job is 30 minutes away and she travels by bus to the office. She then goes out in to the communities to do light meter readings and delivery of electricity bills. She works from Monday to Friday, from 8AM to 4 PM.
Additionally, Ana wants to increase her income, so she is planning to start taking care of cattle. She will use the funds to buy cows because she wants to work in this business. With the support of the loan and her family, she intends to implement it. Ana’s dreams are that her children do well in their schooling, that they do not have any problems graduating and that they become professionals.
Previous Loan Details
Ana is 39 years old; she has a high school education and she is in a relationship. They have had two children, who are in school. Ana has been employed at an electric company for 20 years; she learned this work on her own, as when she finished her schooling she started looking for work to h… More from Ana Elizabeth’s previous loan »
More information about this loan
This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.
This loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.
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.