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Irma Alicia

Update on Irma Alicia

Irma is asking for a new loan because she thinks she can fortify her business with it. She will buy a variety of CDs and DVDs of new music and videos to offer her customers the best.

Irma remarks that with the support of the loans she has been able to grow and improve her condition as a merchant and help her family.
View original language description ↓
Irma, está solicitando un nuevo préstamo porque considera que a través de él puede fortalecer el negocio, ella comprara un surtido de CD Y DVD, de música y videos nuevos, para poder ofrecer a la clientela lo mejor del momento.
Irma comenta que a través del apoyo con préstamos ha logrado crecer y mejorar su condición de comerciante, ayudando tambien a su familia.

Previous Loan Details

Irma sells DVDs and CDs. She lives with her husband and grandchildren. She started her business approximately 10 years ago. She sells from Monday to Sunday and her stand is on one of the main streets of the city. She is requesting a loan at this time to buy CDs and DVDs, as well as a televisio... More from Irma Alicia'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
  • 780
    View loans »
    El Salvador Loans Fundraising
  • $25,635,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Irma Alicia to buy CDs and DVDs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Irma Alicia. It was first posted on Kiva on Aug, 2011. Learn More