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Esmeralda Eugenia

Update on Esmeralda Eugenia

Esmeralda has decided on a new loan to continue stocking her shop. On this occasion she will buy more toys of various kinds and will also buy a machine that stores toys and is a game for children. She believes this loan will help her function better.

Her experience with previous loans has been very effective because she’s grown and managed to keep her store stocked with low-price products. Her family’s condition is changing becoming more productive all the time.
View original language description ↓
Esmeralda, se ha decidido por un nuevo préstamo para poder continuar surtiendo en su negocio, en esta ocasión comprará juguetes de varias clases, también invertira en la compra de una máquina donde se almacenan juguetes, son un juego para los niños, este préstamo considera que le dará un mejor funcionamiento.

Su experiencia con los préstamos anteriores ha sido muy efectiva, ya que ha logrado crecer y mantener surtido con productos a bajo costo, y en sus familias la condición está cambiando siendo cada vez más productiva.

Previous Loan Details

Esmeralda lives in the family home with her parents, siblings, and cousins. She is single and has no financial dependents. Esmeralda manages a piñata business where she offers her main product of piñatas, but also candy, children's surprise gifts, decorations, and everything needed for birthday... More from Esmeralda Eugenia'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
  • 766
    View loans »
    El Salvador Loans Fundraising
  • $26,245,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Esmeralda Eugenia to buy toys and a claw toy machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Esmeralda Eugenia. It was first posted on Kiva on Feb, 2012. Learn More