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Antonia

Update on Antonia

Because she needs to produce more, Antonia is asking for a new loan to pay a repairman and to buy parts for her mill, since at the moment it is malfunctioning. This will improve her ability to supply her customers.

She had good results from her previous loan as she was able to improve things and make her payments on time.
View original language description ↓
Antonia, por su necesidad de aumentar el servicio que presta, solicita nuevamente un préstamo para el pago de un mecánico en la compra de repuestos para su molino, ya que por el momento presenta desperfectos, esto mejora su capacidad de respuesta clientes.
Ella tuvo un efecto positivo con el préstamo anterior, logrando mejorar y pagando puntualmente el préstamo.

Previous Loan Details

Antonia lives with her husband. She sells tamales and has a corn mill, with which she provides a service to friends and neighbors by grinding corn to make tortillas. She is requesting a loan to repair a water well, as winter is coming and she wants to have it in good condition to avoid any in... More from Antonia'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
  • 461
    View loans »
    El Salvador Loans Fundraising
  • $23,123,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Antonia to buy parts for her mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 10, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Antonia. It was first posted on Kiva on Jun, 2011. Learn More