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Luisa Iveth

Update on Luisa Iveth

Luisa is presented with the need to invest more in her business selling bags. For this reason, she is requesting a new loan for the purchase of bags of different sizes. She will also purchase paper, soaps, shampoo, etc. If she is able to improve her business by supplying the variety shelves of products, she manages to improve her economic profits.

She had the experience with the loan previously which allowed her to increase the merchandise to assist her customers. Luisa continues with her business, improving her economic conditions thanks to the help of the loans.
View original language description ↓
Luisa, se le presento la necesidad de invertir más en el negocio de bolsas, es por eso que está solicitando un nuevo crédito para la compra de bolsas de diferentes tamaños, tambien se comprara papel, jabones, shampoo, etc. A si poder mejorar su negocio, abasteciendo los estantes de variedad de productos, logrando mejorar los ingresos económicos.

Ella tuvo la experiencia con el préstamo anterior de la cual pudo aumentar la mercaderia para atender a la clientela, Luisa sigue con su negocio mejorando en sus condiciones económicas gracias a la ayuda de los créditos.

Previous Loan Details

Luisa's business is selling bags. She is single and lives with her parents. She works with her father delivering bags as they work to order. She has clear customers to whom she delivers. Luisa is requesting a loan to buy plastic bags in different sizes. This purchase will help her to have a ... More from Luisa Iveth'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
  • 661
    View loans »
    El Salvador Loans Fundraising
  • $26,150,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Luisa Iveth to purchase bags of different sizes, paper, soaps, and shampoo.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Luisa Iveth. It was first posted on Kiva on Mar, 2012. Learn More