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Andrea

Update on Andrea

Andrea needs to invest in her business; she needs a new loan to buy materials that she uses daily like corn, cheese, oil and other products. The loan will help her keep her business going.

With the previous loan, Andrea believes that it allowed her to grow and to have the raw materials to keep working. Her family’s circumstances have changed since they are receiving better earnings.

View original language description ↓
Andrea, necesita invertir en su negocio, esta solicitando un nuevo préstamo para la compra de materiales que a diario utiliza en la venta: maíz, quesillo, aceite, entre otros productos, este crédito le ayudara a permanecer en el negocio.
Con el préstamo anterior Andrea considera que le permitió crecer y tener la materia prima para trabajar, en su familia las circunstancias han cambiado teniendo mejores ingresos.

Previous Loan Details

Andrea works in a pupusería (a stand selling pupusas, a savory treat made from stuffed corn dough). She lives with her daughter and grandchildren and began the business through her own initiative. She worked from home and has the experience needed to help her make quality products. She is… More from Andrea'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
  • 635
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Andrea buy corn, cheese, oil and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Andrea. It was first posted on Kiva on Jun, 2012. Learn More