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Karla Patricia

Update on Karla Patricia

Karla is requesting a new loan for her tortilla sales and sewing workshop businesses. She will buy firewood, corn and gas for the tortilla business, and sewing materials to make clothing in her tailor shop. This loan will give her economic resources so that she can invest in the better functioning of her businesses.

She used the last loan to solidify her business which has supported her family in this season. She thinks that through these loans her ability to fill her customers needs and her family living conditions are being met.
View original language description ↓
Karla, esta solicitando un nuevo préstamo, para poderlo invertir en el negocio manteniendo su venta de tortillas y también el taller de costura, se comprará leña, maiz y gas, para el negocio de las tortillas y se comprará materiales de costura para elaborar prendas de vestir en la sastrería, este crédito le brindará los recursos económicos para que ella puede invertir en el mejor funcionamiento del negocio.

Con el préstamo anterior logró fortalecer el negocio del cual se ha mantenido junto a su familia en esta temporada, considera que a través de estos préstamos están mejorando su capacidad de respuesta a los clientes y sus condiciones familiares.

Previous Loan Details

Karla works selling tortillas and as a tailor making clothing. She lives with her husband and two children, ages 10 and 8. She has had the business for two years. It developed on her own initiative. She provides service from 6:00 a.m. until 4:00 p.m. She is requesting a loan to buy corn,… More from Karla Patricia'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
  • 663
    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 $500 helped Karla Patricia to buy corn, firewood, gas and sewing materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Karla Patricia. It was first posted on Kiva on Mar, 2012. Learn More