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Elizabeth

Update on Elizabeth

Elizabeth is requesting a new loan to be able to invest in the business, buying raw material for the production of hot corn drinks, breads and pupusas (stuffed tortillas), since daily they use sugar, corn, seasonings, chicken and oil among other ingredients.

She considers that through the previous loan she was able to improve the profitability of the business, as it gave her the necessary resources to be able to maintain the merchandise at hand. She considers that her family has also seen benefit since they have had higher economic profits.
View original language description ↓
Elizabeth, está solicitando un nuevo préstamo para poderlo invertir en el negocio, comprandose materia prima para la elaboración de atoles, panes, pupusas, ya que a diario utilizan lo que es azúcar, maíz, condimentos, pollo, aceite, entre otros más que son parte de los ingredientes.
Ella considera que a través del préstamo anterior logró mejorar la rentabilidad del negocio, pues le dio los recursos necesarios para poder mantener la mercadería a la mano, de la cual considera que también su familia se a visto beneficiada ya que han tenido un mayor ingreso económico.

Previous Loan Details

Elizabeth sells atol for a living. She lives in the family home with her children, who are seven and ten years old. She does this work for a living because she needs to have an occupation that makes money for her children's needs. Her schedule is from 6:00 a.m. to 10 a.m. She is asking for ... More from Elizabeth'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
  • 782
    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 $500 helped Elizabeth to buy sugar, corn, seasonings, chicken and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 16, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Elizabeth. It was first posted on Kiva on Jan, 2012. Learn More