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Blanca Herminia

Update on Blanca Herminia

Blanca has decided, through a new loan, to take advantage of the season when the sales increase. She will buy purses, bags and other merchandise that is necessary to keep the business in good condition.

With the previous loan she was able to improve her income by reinforcing her business with a variety of products. She has been able to provide for her family and her home situation in continuing to improve.
View original language description ↓
Blanca, se decidió por un nuevo préstamo, para aprovechar la temporada de que las ventas aumentan, se comprara carteras, bolsos, y otra mercadería que sea necesaria para mantener el negocio en buenas condiciones.
Con el préstamo anterior logro mejorar sus ganancias, porque fortaleció el negocio de variedad de artículos, hasta el momento ha permanecido con todo lo necesario para su familia, sus circunstancias familiares están progresando.

Previous Loan Details

Blanca sells wallets, clothing, and caps. She is a 34-year-old single mother who lives with her three children in a rented house. Blanca conducts her business as a street vendor, which has enabled her to support her children. She started her business six years ago through her own initiative af... More from Blanca Herminia'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
  • 571
    View loans »
    El Salvador Loans Fundraising
  • $23,920,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Blanca Herminia to purchase purses and bags for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 28, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Blanca Herminia. It was first posted on Kiva on Sep, 2012. Learn More