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Timotea

Update on Timotea

Timotea is requesting a new loan to buy merchandise because demand from her customers still continues. She will buy medicine: antibiotics, vitamins, and analgesics made with herbs. She also will buy a batch of clothing to resell, blouses and underwear more than anything else.

The previous loan helped her to stock her clothing store, improving her sales. She has increased her customers. The conditions with her family are the same, but she has a more stable business.
View original language description ↓
Timotea, está solicitando un nuevo préstamo para la compra de mercadería, porque la demanda de los clientes aun sigue, comprara medicina antibióticos, vitaminas, analgésicos, elaborados con hierbas, tambien comprara una parte de ropa para revender más que todo blusas y ropa interior.
El préstamo anterior le ayudo a surtir la venta de ropa, mejorando las ventas y ha logrado aumentar los clientes, las condiciones con su familia se mantienen, pero ella cuenta con un negocio más estable.

Previous Loan Details

Timotea lives with her husband and two daughters. She is an itinerant vendor of clothing, natural medicines, and cosmetics. She travels to different villages and hamlets offering her products. This work helps her have income to take care of the her household's needs. She is requesting a loan to… More from Timotea'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
  • 611
    View loans »
    El Salvador Loans Fundraising
  • $22,031,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Timotea to buy medicine: antibiotics, vitamins, and analgesics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Timotea. It was first posted on Kiva on Jun, 2011. Learn More