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Rosa Elva

Update on Rosa Elva

Rosa is seeking a new loan so that she can purchase supplies and stock up her business. She wants to continue growing her product line with the purchase of vitamins, medical supplies, painkillers, and antihistamines, all things that will help keep her customers happy.

She had a positive experience with her previous loan and it enabled her to improve her sales. The economic condition of her family improved and she was able to put more credit against her debt.
View original language description ↓
Rosa, solicita un nuevo préstamo para la compra de medicamentos para surtir el negocio, ella quiere seguir incrementando sus productos a través de la compra de vitaminas, productos medicinales, analgésicos, antihistamínicos, que le ayuden a mantener a su clientela satisfecha.
Ella tuvo un efecto positivo con el préstamo anterior, le permitió tener mayores ventas y que sus condiciones económicas en la familia fueran mejor, teniendo más solvencia frente a sus obligaciones.

Previous Loan Details

Rosa lives in West San Rafael within the San Miguel department. She sells medicines, lives with her mother and one of her sisters. She began her business out of necessity for having a source of income. She sells on foot and does not have a fixed schedule. She buys her merchandise to stock t... More from Rosa Elva'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
  • 633
    View loans »
    El Salvador Loans Fundraising
  • $24,271,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosa Elva to purchase vitamins, medical supplies, painkillers, and antihistamines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Rosa Elva. It was first posted on Kiva on May, 2011. Learn More