Update on Glenda ElizabethGlenda is applying for a new loan to purchase a variety of products for her store, such as rice, cooking oil, eggs, bread, cookies and sweets, among other items that her customers demand.
She says she improved her business with the previous loan, which enabled her to continue working to provide the necessities for her family. She has succeeded in increasing and improving her sales.
Ella manifiesta haber mejorado su negocio, con el préstamo anterior ha logrado seguir trabajando para proveer para su familia lo necesario, ha logrado crecer y mejorado sus ventas.
Previous Loan DetailsGlenda lives in Jiquilisco, a region of Usulután. She lives with her husband and her son who is 3 years old. She has been running a store for four years. Currently, she wants to buy products such as rice, sugar, oil, beans, pastas, crackers, deli meats, and eggs. These are very necessary for her… More from Glenda Elizabeth's previous loan »
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
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Success!! The loan was 100% repaid