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Gloria Elizabeth

Update on Gloria Elizabeth

Gloria needs to improve her business and so decided to take out a new loan which she will use to buy a hotplate for making pupusas, and cooking supplies such as oil, seasonings and sugar, so that she can prepare her food for sale.

Gloria's previous loan helped her as she was able to make her purchase and improve her business. Her family are currently well and she is keen to continue working.
View original language description ↓
Gloria, por la necesidad de mejorar en el negocio, se decidió por un nuevo préstamo, el cual utilizara en la compra de una plancha para hacer pupusas, y compra de materiales de cocina, como aceite, condimentos, azúcar, para tener en la preparación de la venta.
El préstamo anterior le ayudo, pudo realizar la compra y mejorar en el negocio, su familia por el momento se encuentra bien y con deseos de seguir trabajando.

Previous Loan Details

Gloria and her husband live in San Miguel; they do not have children. Together they run a business selling bread an other food items. Gloria is seeking a loan to purchase inventory such as meat, vegetables, cooking oil, and seasoning. This investment will increase their income and will allow Glor... More from Gloria Elizabeth's previous loan »

Additional Information

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

  • $4,900
    Average annual income
  • 475
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Gloria Elizabeth to buy a hotplate for making pupusas, oil, seasonings and sugar.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Gloria Elizabeth. It was first posted on Kiva on May, 2011. Learn More