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Reina Elizabeth

Update on Reina Elizabeth

Reina has opted for a new loan to continue selling tortillas. She will buy corn, propane gas and a new griddle. With these supplies she’ll have enough for a time so she can improve her sales. She considers that with her investment of the previous loan she was able to meet customer demand which has led to income to cover family costs; she’s also built a new room onto her house.
View original language description ↓
Reina, se ha decidido por un nuevo préstamo, para seguir en la venta de tortillas, se comprara maíz, gas propano, comal nuevo, con los materiales tendrá para un periodo de tiempo que le permita mejorar su venta.

Ella considera que con la inversión del préstamo anterior, pudo satisfacer la demanda de los clientes, con lo que ha tenido ingresos para cubrir los gastos familiares, ha construido un nuevo cuarto en su casa.

Previous Loan Details

Reina makes a living selling tortillas. She lives with her husband and two sons who are now adults. The sale of tortillas is how her family makes an income - it is how Reina supports them. She is seeking a loan to purchase corn, wood, and plastic utensils which are necessary to store the t... More from Reina Elizabeth'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
  • 760
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Reina Elizabeth to buy corn, propane and a new griddle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Reina Elizabeth. It was first posted on Kiva on Jul, 2012. Learn More