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Santos Elizabeth

Update on Santos Elizabeth

Santos is requesting a new loan to buy some material for the carpentry work done by her husband. As well she will buy cooking supplies in order to continue with her own sales. She will buy cooking oil, corn, condiments, plantain leaves and chickens since this is what she uses to make tamales. She will support her husband and his carpentry with part of this loan, buying him different kinds of wood, so that he will have the necessary material to make furniture.

Since her previous loan succeeded in supporting the production of tamales and some of her husband’s small carpentry projects, she feels that her family has had a better economic resource this time because it has been sustained and not lacked daily meals. While her tamale sales are growing, she is not selling tortillas at the moment.
View original language description ↓
Santos, solicita un nuevo préstamo para realizar la compra de algunos materiales para el trabajo de carpintería que realiza su esposo, además se comprará materiales de cocina para continuar con sus ventas por ejemplo aceite, maíz, condimentos, hojas, pollos, pues éstos son los que intervienen en la elaboración de tamales, para la carpintería de su esposo le apoyará con una parte de este préstamo comprándose madera de diferentes tipos, con el objetivo de que mantenga el material necesario para la elaboración de muebles.

Como el préstamo anterior ha logrado mantener la producción de tamales y en algunos pequeños trabajos de la carpintería de su esposo, considera que su familia ha contado con un mejor recurso económico en este tiempo ya que no ha faltado el sustento y la alimentación diaria, su venta de tamales está creciendo y su venta de tortillas por el momento no la está realizando.

Previous Loan Details

Santos sells tortillas and tamales [Corn and cornmeal dough stuffed with a meat mixture then wrapped in corn husks and steamed]. She is a homebody, living with her husband and two children. She learned the business on her own initiative. She has been selling tortillas and tamales for 15 years. Th... More from Santos 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
  • 625
    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 $350 helped Santos Elizabeth to buy oil, corn, condiments, plantain leaves, chickens and wood.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Santos Elizabeth. It was first posted on Kiva on Apr, 2012. Learn More