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Gladis Herminia

Update on Gladis Herminia

Gladis is again requesting a loan to buy new clothing, grow stronger, and improve service to her customers. She will purchase blouses, skirts, pants, and underwear.

She says that the loan allowed her to grow and have better articles of clothing, and that it brought about better sales, which also has helped her family.
View original language description ↓
Gladis, se encuentra solicitando nuevamente un préstamo para la compra de prendas de vestir nuevas, para fortalecerse y mejorar la atención a los clientes, su compra será en blusas, faldas, pantalones, ropa interior.
Ella manifiesta que el préstamo le permitió crecer y tener mejores prendas de vestir, que le ocasionaron mejores ventas, con lo que tambien ha ayudado a su familia.

Previous Loan Details

Gladis sells clothing for a living. She lives with her parents and has two children. She started this business on her own initiative, obtaining experience in her friend's business. Currently she doesn't have a fixed schedule and she sells as a street vendor. She is requesting a loan to purcha... More from Gladis Herminia'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
  • 440
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Gladis Herminia to buy blouses, skirts, pants, and underwear.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Gladis Herminia. It was first posted on Kiva on Jun, 2011. Learn More