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Elda Elena

Update on Elda Elena

Elda needs to invest in her business to take advantage of the end of the year season. She will buy cooking products such as oil, meat, tomatoes, potatoes, and propane gas, among other products that may be necessary to ensure the proper functioning of her business.

With her previous loan, she believes that her income has increased, because she invested in the strengthening of her business in order to improve its profitability. Now that she can better attend to her children's' needs, her living conditions are now better.
View original language description ↓
Elda, necesita invertir en el negocio, para aprovechar la época de fin de año, comprara productos de cocina como aceite, carne, tomates, papas, gas propano, entre otros productos que sean necesarios para que funcione bien el negocio.
Con el préstamo anterior considera que sus ingresos han aumentado, porque invirtió en el fortalecimiento del negocio para poder mejorar la rentabilidad del negocio, atendiendo a sus hijos con lo necesario, sus condicione en el hogar son mejores.

Previous Loan Details

Elda lives in her own home with her husband and three children. She runs a pupusería, which is a food stand serving pupusas, corn tortillas stuffed with cheese, beans, chicken or fried pork rind. She maintains the food stand with the help of her family. She started the business with the help of ... More from Elda Elena'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
  • 743
    View loans »
    El Salvador Loans Fundraising
  • $26,264,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Elda Elena to buy oil, meat, tomatoes, potatoes, and propane gas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Elda Elena. It was first posted on Kiva on Apr, 2012. Learn More