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Santos Aurora

Update on Santos Aurora

Santos is applying for a loan to continue her business. She will use the loan to buy rice, oil, beans, and soap so that she can stock her store with the items her loyal customers buy most often and keep her business running.

With her previous loan, Santos was able to make a good investment that strengthened her business and produced the earnings she needed. Her children are continuing their studies, and her financial situation has improved.
View original language description ↓
Santos, solicita un préstamo, para darle continuidad al negocio, se comprara productos como el arroz, aceite, frijoles, jabón, para surtir la tienda, esto le permitirá que sus clientes le frecuenten más el negocio, consuman más y ella se mantenga ocupada con el negocio.

Con el préstamo anterior Santos logro realizar una buena inversión, que le permitió fortalecer el negocio, dándole las ganancias necesarias, sus hijos han estado en sus estudios, y ella considera un avance en la situación económica.

Previous Loan Details

Santos is requesting another loan because she says that she is improving herself in her business and her family with them. Once again she will buy basic convenience items to stock up, such as oil, rice, beans, pasta, bread, and snacks. These products are in demand and will help her have more ... More from Santos Aurora'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
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,276,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Santos Aurora to buy rice, oil, beans, and soap.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Santos Aurora. It was first posted on Kiva on May, 2012. Learn More