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Cecilia

Update on Cecilia

Cecilia’s asking for a new loan because she needs capital to buy raw materials like string cheese, pork, corn, oil, onions, cabbage, sauces, chocolate, etc. to make pupusas [filled, grilled corncakes] and stay in business.

She feels that her previous loan helped her strengthen the business through the purchase of ingredients to make pupusas. Cecilia continues with her business in order to get ahead at home economically providing what’s needed for it.
View original language description ↓
Cecilia, esta solicitando un nuevo préstamo, ya que necesita capital para la compra de materia prima para la elaboración de pupusas, como lo son quesillo, chicharrón, maíz, aceite, cebolla, repollo, salsas, chocolate y mas, así poder mantenerse con su negocio.
Ella consideta que el crédito anterior le ayudo a fortalecer el negocio negocio, en la compra de materiales para hacer las pupusas, Cecilia sigue con su negocio para poder salir adelante en su hogar económicamente, brindandole lo necesario.

Previous Loan Details

Cecilia lives with her husband and her children. She engages in selling pupusas*. She runs her activity together with her sisters: they start at 5 am and work until 11 am, Mondays to Sundays. She wants to invest the loan in buying ingredients such as fried pork skin, curd, oil and dressings, as… More from Cecilia'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
  • 623
    View loans »
    El Salvador Loans Fundraising
  • $22,057,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Cecilia to buy string cheese, pork, corn, oil, onions and cabbage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Cecilia. It was first posted on Kiva on Aug, 2011. Learn More