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Gloria

Update on Gloria

Gloria has decided to apply for another loan in the Christmas season to raise her sales and improve her profits. She makes a living in the sale of fruits and vegetables. She will invest the loan in the purchase of apples, strawberries, grapes, pears, kiwis, and papaya.

She says that her previous loan improved her sales and grew her income, thereby improving the quality of life for her family. With the previous loan, she improved her savings, grew her inventory, and bought a stove and other electrical household appliances.
View original language description ↓
Gloria, se ha decidido por otro crédito por la temporada navideña para elevar el nivel de ventas y mejorar sus ingresos ella se dedica a la venta de verduras. El crédito lo invertirá en la compra de manzanas, fresas, uvas, peras, kiwis, papaya, manifiesta que el préstamo anterior mejoro las ventas y aumento sus ingresos y mejorar la calidad de vida de su familia.
Con el crédito anterior mejoro su economía y aumento el inventario compro una cocina y otros electrodomésticos.

Previous Loan Details

Gloria lives with her husband and their four children. They are a modest family, she sells fruits. This business started with her own initiative, because she saw the need to have a source of income to help her husband in the household needs. She needs to buy fresh fruits to expand the busines... More from Gloria'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
  • 628
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Gloria to buy apples, strawberries, grapes, pears, kiwis, and papaya.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Gloria. It was first posted on Kiva on Oct, 2012. Learn More