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Teresa De Los Angeles

Update on Teresa De Los Angeles

Teresa is originally from León. She shares the experience she had with her first loan with us. She invested it in cell phone recharge minutes and bought stock items for her mini grocery store. She did well with sales; she’s grown little by little. Because of this she’s very grateful to Kiva lenders for helping her with her initiative to get ahead.

Now, she wants to open an Internet Café so is asking for her second loan to buy computers that are used but in good condition and to buy telephones because she’s also planning to install phone booths for international phone calls. She’s always looking for ways to make progress and move her family ahead.
View original language description ↓
Teresa, originaria de LEON nos comparte su experiencia vivida con el primer prestamo que lo invirtio para en regrgas de minutos a celulares , compra para surtir su mini pulperia, le fue bien su venta ah crecido poco a poco, es por que esta muy agradecida con los prestamistas de kiva por ayudarle en su inciativa de salir adelante Ahora desea poner un cyber cafe es por ello que solicita este segundo credito para comprar computadoras,usada pero en buen estado e invertir en compra de telefonos porque siempre tiene en mente poner cabinas telefonicas para hacer llamadas internacionles. Siempre buscando la manera de progresar para sacar a su familia adelante.

Previous Loan Details

Teresa, 35, is married and has two children who are 18 and 12 years of age respectively. She is from León and is a merchant. She sells cell phone recharge minutes and places national and international phone calls. She’s been in business four years. What motivated her to open a business of h... More from Teresa De Los Angeles'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 Nicaragua

  • $4,800
    Average annual income
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,768,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Teresa De Los Angeles to buy used computers and to buy telephones.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012