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Update on Candelaria

Candelaria decided to ask for a new loan in order to strengthen her business, so that she can obtain higher profits. She will purchase fruits, vegetables, and clothing. Some examples would be watermelons, apples, strawberries, blouses, skirts, and pants.
Her last loan had positive effects, which has motivated her to keep working with loans so that she can develop her business and also generate higher profits. She is selling snacks and fruit three times a week and the rest of the time she works selling clothing.
View original language description ↓
Candelaria, se decidió por un nuevo préstamo, con la intensión de fortalecer el negocio y poder obtener mejores ganancias, se comprara frutas, verduras y ropa, de las que podemos mencionar, sandias, manzanas, fresas, blusas, faldas, pantalones.
El efecto que tuvo con el préstamo anterior fue positivo, esto la ha motivado a seguir trabajando con préstamos, para poderse desarrollar en el comercio y también generar mayores ganancias, ella esta realizando ventas de antojitos y frutas tres veces por semana y los otros dias se dedica a la venta de ropa.

Previous Loan Details

Candelaria wants to take advantage of the end of year season because that’s the time when sales increase. This has led her to request a loan once again to buy shirts, pants and underwear for women and men since demand increases and she wants to be prepared so that her sales will be good. For Ca... More from Candelaria'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
  • 750
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Candelaria to purchase watermelons, apples, strawberries, blouses, skirts, pants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 3, 2012
Jun 5, 2012
Currency Exchange Loss:
Mar 29, 2013
This photo was used before for a previous loan for Candelaria. It was first posted on Kiva on Dec, 2011. Learn More