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Apolinaria

Update on Apolinaria

Apolinaria’s asking for a new loan to strengthen the business. She will buy supplies to make tamales and tortillas like corn, which is the main one, condiments, banana leaves, chicken, oil and firewood which will set her up to continue making her products. She feels that the previous loan helped her to have everything necessary in the business and feels her personal life is also improving thanks to the profits she’s earning.
View original language description ↓
Apolinaria, está solicitando un nuevo préstamo para el fortalecimiento del negocio, comprara materiales para la elaboración de tamales y tortillas, como el maíz que es el principal, los condimentos, hojas de banano, pollo, aceite, leña, con estará en la disposición de continuar elaborando sus productos.
Ella considera que el préstamo anterior le ayudo para mantener lo necesario en el negocio, pues considera que su vida personal está mejorando a través de las ganancias que le quedan.

Previous Loan Details

Apolinaria sells tamales, milk curd and cheese. She lives with her two grandsons. She is dedicated to her business of selling various products. She sells chicken tamales two times a week and sells milk curd and cheese from her home every day. She is currently requesting a loan to buy milk for ... More from Apolinaria'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
  • 710
    View loans »
    El Salvador Loans Fundraising
  • $26,086,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Apolinaria to buy condiments, banana leaves, chicken, oil and firewood.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Expired:
May 17, 2012
This photo was used before for a previous loan for Apolinaria. It was first posted on Kiva on Aug, 2011. Learn More