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Teresa Del Carmen

Update on Teresa Del Carmen

Teresa is requesting a new loan for the Christmas season because she wants to increase her sales. To do this, she will buy pork, beans, corn, cabbage, and firewood. These are the supplies she needs to make the food that she sells.

With her previous loan she improved her business by having more products available to serve to her customers. As a result, her family's situation remained stable.
View original language description ↓
Teresa, está solicitando un nuevo préstamo para la temporada navideña, porque quiere incrementar su venta, para esto comprara chicharrón, frijoles, maíz, repollo, leña, estos son los más necesarios para poder preparar la venta.
Con el préstamo anterior mejoro su negocio, manteniendo más disponibilidad de productos, atendiendo a los clientes, con esto su condición en la familia a permanecido estable.

Previous Loan Details

Teresa sells tortillas. She is married and lives with her parents. She devotes herself to the business as a source of revenue to help with her family’s income. She is requesting a loan to buy corn, firewood, and lime powder. These products are for her business. This loan will help her to i... More from Teresa Del Carmen'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
  • 491
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Teresa Del Carmen to buy pork, beans, corn, cabbage, and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Teresa Del Carmen. It was first posted on Kiva on Nov, 2012. Learn More