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Blanca Estela

Update on Blanca Estela

Blanca has decided to ask for a new loan to provide continuity for her business, as after the last loan she set up a store which she intends to stock up with everyday products such as rice, oil, beans, eggs. and sugar. This will allow her to have more merchandise in her business, and be able to improve service for her customers.

She demonstrates that she has received good assistance from her earlier loan; she invested it in pigs and new products to attract customers, providing her the opportunity to improve her income.
View original language description ↓
Blanca, se ha decidido por un nuevo préstamo, para darle continuidad al negocio,pues ella despues del ultimo prestamo, instalo una tienda, que pretende surtir de productos de primera necesidad como arroz, aceite, frijoles, huevos, azúcar, todo esto le permitirá tener más mercaderia en el negocio y poder mejorar la atención a los clientes.
Ella manifiesta haber obtenido una buena ayuda con su préstamo anterior, invirtiéndolo en cerdos y nuevos productos para atraer a la clientela, dándole oportunidad de mejorar sus ingresos.

Previous Loan Details

Blanca raises pigs and sells cashew nuts. She lives with her parents and her daughter. She’s a single mother and her daughter is dependent on her. Blanca learned her occupation alongside her parents. Her pig farm is home-based and to date she’s faced no difficulties. She’s asking for a loan… More from Blanca Estela'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
  • 674
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Blanca Estela to buy rice, oil, beans, eggs and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013
This photo was used before for a previous loan for Blanca Estela. It was first posted on Kiva on Nov, 2011. Learn More