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Rosa Areli

Update on Rosa Areli

Rosa is once again requesting a loan because she has decided to purchase products for her business. She will purchase medicines, vitamins and analgesics to build up the business. Thus she will offer a greater diversity so her customers may remain loyal.

The previous loan allowed her to grow and vary the business, satisfying her customers' demand, and additionally, offered more comfort to her family in terms of money.
View original language description ↓
Rosa, está solicitando nuevamente préstamo, porque ha decidido comprar productos para el negocio, compra medicinas vitaminas, analgésicos, para fortalecer el negocio. Con esto ofrecerá mayor diversidad para que sus clientes permanezcan la preferencia.
La inversión anterior le permitió crecer y variar el negocio, satisfaciendo la demanda de los clientes, además ofreció más comodidad en su familia en lo que respecta al dinero.

Previous Loan Details

Rosa lives with her husband and one child. She learned the medicine business from her husband, who taught her. She currently sells in street markets and has no fixed schedule. Through her sales she has been able to maintain herself and help support the household. She is requesting a loan for th... More from Rosa Areli'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
  • 559
    View loans »
    El Salvador Loans Fundraising
  • $23,948,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosa Areli to purchase medicines, vitamins and analgesics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
N/A
Ended:
May 15, 2012
This photo was used before for a previous loan for Rosa Areli. It was first posted on Kiva on Sep, 2011. Learn More