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Noemi Candelaria

Update on Noemi Candelaria

Noemí decided to request a new loan to stock her business up by buying umbrellas, parasols, plastic ware, sandals, pieces of fabric and seasonal items. All this will help her continue with her sales.

With her previous loan she bought merchandise to restock her business. With the resulting income, she could cover her family’s needs and pay for the utilities. She feels happy because the loan has made it possible for her to provide for her family.
View original language description ↓
Noemí, se decidió por un nuevo préstamo, para surtir el negocio, comprándose paraguas, sombrillas, plásticos, sandalias, retazos de telas, artículos de temporada, todo esto le ayudara a que continúe realizando sus ventas en el mercado.
Con el préstamo anterior ella logro tener surtido el negocio, con la mercadería para generar ingresos, para pagar algunas necesidades de su familia, los servicios básicos, ella se siente bien porque a través del préstamo sigue generando para su familia el sustento diario.

Previous Loan Details

Noemí is a plastic and fabric merchant. She lives with her husband and two children who are 5 and 2 years old. She learned commerce from her parents. Today, she runs her own business with a 7am to 5pm work schedule, Monday through Sunday. She is asking for a loan to buy fabric and plastic… More from Noemi Candelaria'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
  • 616
    View loans »
    El Salvador Loans Fundraising
  • $22,057,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Noemi Candelaria to buy umbrellas, parasols, plastic ware, sandals and pieces of fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 15, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Noemi Candelaria. It was first posted on Kiva on Sep, 2011. Learn More