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Teodora Veronica

Update on Teodora Veronica

Teodora is requesting a loan in order to be able to invest in the store. She will do this by purchasing products to stock the store. She will buy products like condiments, pasta, soup, and personal hygiene products. By doing this she will manage to improve her business. She will also be able to have on hand what her customers need.

The previous loan had a positive impact. It gave her the opportunity to improve her sales. She stocked the business with a lot of merchandise. She also managed to finish building a room in her house.
View original language description ↓
Teodora, está solicitando un préstamo para poder invertir en la tienda, comprándose productos para surtirla como condimentos, pastas, sopas, productos de higiene personal, con esto lograra mejorar el negocio y tener a la mano lo necesario para ofrecer a sus clientes.
Ella tuvo un efecto positivo con el préstamo anterior, le dio la oportunidad de mejorar sus ventas, pues surtió el negocio de mucha mercadería, además logro terminar la construcción de un cuarto en la casa.

Previous Loan Details

Teodora lives with her sister and her three children. She is a single mother. She works managing a store of basic products for the home. She has worked here for several years. She buys products that are in demand in order to satisfy her customers. Now she wants to stock up her store with basic… More from Teodora Veronica'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
  • 658
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Teodora Veronica to buy products like condiments, pasta, soup, and personal hygiene products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 19, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2013
This photo was used before for a previous loan for Teodora Veronica. It was first posted on Kiva on Dec, 2011. Learn More