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Susana

Update on Susana

Susana has decided on a new loan because she currently lacks economic solvency to stock her business. She will buy bakery ingredients and supplies like flour, oil, shortening, yeast, bread pans and racks. She hopes this new purchase will help her keep her business with a good production level. She believes that she had a positive result with the previous loan because her good management of it helped her improve her living condition and to do some home improvements.
View original language description ↓
Susana, se ha decidido por un nuevo préstamo ya que en la actualidad no tiene la suficiente solvencia económica para surtir al negocio, ella comprará insumos para la panadería como harina, aceite, manteca, azúcar, levadura, latas para hacer pan y clavijero, espera que esta nueva compra le ayude a mantener su negocio con un buen nivel de producción.
Ella considera haber tenido un efecto positivo con el préstamo anterior, ya que la buena administración le permite haber mejorado su condición de vida y realizarle una mejora a su vivienda.

Previous Loan Details

Susana lives in San Miguel, in the region of San Miguel. She lives with her husband and their first daughter; she is 15 months old. She is a baker, she is 30 years old, and the business is a family inheritance. She has been the baker and administrator of the business for the past 2 years, working... More from Susana'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
  • 783
    View loans »
    El Salvador Loans Fundraising
  • $25,654,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Susana to buy bakery ingredients and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Jan 3, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 29, 2013
This photo was used before for a previous loan for Susana. It was first posted on Kiva on Dec, 2010. Learn More