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Veronica Elizabeth

Update on Veronica Elizabeth

Veronica is asking for a new loan to be able to invest in her seafood business. Her intention is to maintain a good level of customer sales, so she needs to buy fish, shrimp, conch and other products of the sea that are in demand by her customers. This will allow her to offer fresh, quality products.

The previous loan had a positive impact on her business because she was able to buy and maintain a good level of fresh product. She feels that her number of customers has increased. She has a newborn baby in the family.
View original language description ↓
Verónica, está solicitando un nuevo préstamo para poderlo invertir en el negocio de mariscos, su intención es mantener un buen nivel de venta con sus clientes, para esto debe comprarse pescado, camarones, conchas, y otros productos del mar que son demandados por sus clientes, pues le permitira también ofrecer productos frescos de calidad.

El préstamo anterior dio un efecto positivo negocio ya que logró invertir y mantener un buen nivel de producto fresco, considera que han crecido su número de clientes y en su familia tiene un hijo recién nacido.

Previous Loan Details

Verónica lives with her husband and two children; she sells seafood. The business was born three years ago. She learned it in her family and today it helps her earn household income. She’s asking for a loan to buy seafood like fresh food, lobster, shrimp and fillet, among other types of se... More from Veronica 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

  • $4,900
    Average annual income
  • 571
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Veronica Elizabeth to buy fish, shrimp and conch.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Veronica Elizabeth. It was first posted on Kiva on Nov, 2011. Learn More