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Blanca Lidia

Update on Blanca Lidia

Blanca applies for a new loan to invest in her business. She will buy additional pastries and French bread (baguettes) to increase her inventory. Thanks to this loan she will have enough cash to proceed to the regular purchases she must make in order to sell bakery goods to her customers.

Her previous loan was taken out to expand her inventory and thus improve her business. It prevented her customers from leaving her and helped her to keep her income stable up to this day.
View original language description ↓
Blanca, solicita un nuevo préstamo, para invertirlo en el negocio, comprara más pan dulce y francés, para aumentar la disponibilidad, este préstamo le ayudara para tener el dinero y realizar compras periódicas y así poder vender a sus clientes.
El efecto que le dio el préstamo anterior fue mejorar el negocio, aumentando los productos, esto le ayudo a que sus clientes no desertaran, manteniendo hasta hoy una condición estable con sus ganancias.

Previous Loan Details

Blanca has a job. She lives with her husband and their daughter, who is two years old. She works in a pastry shop and with this work she obtains the income to cover the needs of her family. Now she needs to repair a pump in a water well, since this pump is what delivers the water through the… More from Blanca Lidia'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
  • 457
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Blanca Lidia to buy pastries and French bread.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 20, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 16, 2013