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Sonia Carolina

Update on Sonia Carolina

Sonia, thanks to the good attention from our institution, has decided on another loan once again because she wants to invest more in her business because during this season of graduations she will buy beauty products, make-up, creams, shoes and clothes to have what’s necessary to offer her customers. Previous loans helped her much to grow and have more merchandise. This advance has maD. it possible for her to change her family’s living conditions and to have everything they need and not lack anything.
View original language description ↓
Sonia, por la buena atención D. nuestra institución, se ha decidido nuevamente a otro préstamo, porque quiere invertir más en su negocio ya que está bien para esta época por las graduaciones comprara: productos D. belleza, maquillajes, cremas, zapatos, y ropa, el propósito D. ella es tener lo necesario para ofrecerles a los clientes.
Los préstamos anteriores le ayudaron mucho para crecer y tener más mercadería, este avance le ha permitido cambiar las condiciones D. vida D. su familia y a tener lo necesario para que no les falte nada.

Previous Loan Details

Sonia lives with her family: her mother and her two children. She owns her own home. Sonia is a saleswoman who sells clothes, shoes and accessories. She set up her business two years ago, on her own initiative and with her mother's support. She does not work fixed hours. Sonia needs a loan… More from Sonia Carolina'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
  • 594
    View loans »
    El Salvador Loans Fundraising
  • $21,985,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Sonia Carolina to buy cosmetics, shoes and clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2011
Listed
Nov 9, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Sonia Carolina. It was first posted on Kiva on Jun, 2011. Learn More