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Claudia Carolina

Update on Claudia Carolina

Claudia has decided to take out another loan in order to strengthen her food sales. She will buy cooking ingredients like oil, rice, tomatoes, meat, and condiments. Her business will be stocked and she can prepare the dishes. The effect of her previous loan was an increase in customers and better earnings. Her business was already well-established. This is how she will give her daughter a better life.
View original language description ↓
Claudia, se decidió por un nuevo préstamo por la venta de comida que necesita fortalecer, comprando materiales de cocina como aceite, arroz, tomates, carnes, condimentos, que le permitan tener un negocio surtido para preparar los platillos.
El efecto que tuvo con el préstamo anterior fue un aumento en la clientela, sus ganancias fueron mejor, ya que ha tenido un negocio bien establecido, con esto puede darle una mejor vida a su hija.

Previous Loan Details

Claudia, who lives with her 5 year old daughter, sells food. She has a stall in the town market where she works every weekday preparing different dishes for her customers. Currently she needs a loan to buy rice, oil, meat and sandwiches. These products will help her to keep up a good selection... More from Claudia Carolina'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
  • 636
    View loans »
    El Salvador Loans Fundraising
  • $24,100,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Claudia Carolina to buy oil, rice, tomatoes, meat, and condiments.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Claudia Carolina. It was first posted on Kiva on Sep, 2011. Learn More