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Gloria Isabel

Update on Gloria Isabel

Gloria is asking for a new loan to use in the purchase of staple products to stock her store. She decided to ask for a loan as she needed to expand her inventory of products. She hopes that with this purchase her sales will be better and she will respond with good customer service. She will buy eggs, cured meats and sausages, soft drinks, juices, biscuits and snacks. She is hoping for good results and improved profitability with this new project. She managed to achieve a positive effect with the previous loan; her business has improved as has her family's situation.
View original language description ↓
Gloria, solicita un nuevo préstamo para utilizarlo en la compra de productos de primera necesidad para surtir el negocio, ella se decidió por la necesidad de incrementar su inventario de productos, espera que con la compra sean mejores ventas y la respuesta con una buena atención a los clientes, ella comprará huevos, embutidos, gaseosas, jugo, galletas y boquitas, esperando tener buenos resultados y una mejor rentabilidad en este nuevo proyecto, ella logró tener un efecto positivo del préstamo anterior, ha mejorado el negocio y la condición de su familia.

Previous Loan Details

Gloria is 42 years old and works at a store. She lives with her husband and two children who are 12 and 8 years old. They own their house and it is located in Berlín, part of the department of Usulután. She began her business on her own four years ago. She doesn’t have a fixed schedule for... More from Gloria Isabel'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

  • $7,500
    Average annual income
  • 760
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Gloria Isabel to buy eggs, cured meats and sausages, soft drinks, juices, biscuits and snacks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2011
Listed
Dec 5, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012
This photo was used before for a previous loan for Gloria Isabel. It was first posted on Kiva on Jan, 2011. Learn More