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Sonia Elizabeth

Update on Sonia Elizabeth

Sonia needs to invest a loan and so she again asks for a loan. She will buy two sets of tables for the business. That will help her accommodate more customers in the business and enable her to provide better service. She has maintained a good record and believes that she has moved forward and improved conditions for her family and for her business.
View original language description ↓
Sonia, necesita invertir un préstamo por eso solicita nuevamente y comprara dos juegos de mesas para el negocio, esto le ayudara para alojar más clientes en el negocio y poder brindar una mejor servicio.
Ella ha mantenido un buen record y considera que ha progresado y mejorado las condiciones tanto en su familia como en el negocio.

Previous Loan Details

Sonia lives with her aunt and two children, aged 10 and 15. She manages a shop selling pupusas that she started three years ago with the help of her mother. Sonia now seeks a credit to buy chicken, chicharrón, cheese, oil, tomatos and condiments, to make pupusas. This inventory will help her g... More from Sonia 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

  • $7,500
    Average annual income
  • 791
    View loans »
    El Salvador Loans Fundraising
  • $25,672,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Sonia Elizabeth to buy two sets of tables.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012
This photo was used before for a previous loan for Sonia Elizabeth. It was first posted on Kiva on Jul, 2011. Learn More