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Gladis Aidee

Update on Gladis Aidee

Gladis is seeking a new loan to invest in her business. She will buy milk so that she can process cheese and curd. With this she hopes to increase her sales and she will be able to continue working in order to continue improving her family's situation.

With her previous loan she had a positive outcome. She had all the necessary merchandise to sell, her conditions had changed, and she made a higher income for her family.
View original language description ↓
Gladis, solicita un nuevo préstamo para invertir más en el negocio, comprara leche para elaborar queso y cuajada, con esto espera tener mejores ingresos en sus ventas y poder tener trabajo para seguir mejorando con su familia.
Con el préstamo anterior tuvo un efecto positivo, teniendo la mercadería necesario para vender, sus condiciones han cambiado, teniendo mejores ganancias para su familia.

Previous Loan Details

Gladis lives alone. Her children do not live in her house because they are independent. She is divorced. She has a business selling dairy products, which she started with her own initiative. She does not have a fixed schedule for seeing to her customers. She is requesting a loan to buy mil... More from Gladis Aidee'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
  • 766
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Gladis Aidee to buy milk in order to continue processing dairy products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
May 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Gladis Aidee. It was first posted on Kiva on Aug, 2011. Learn More