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Nolvia Eliseni

Update on Nolvia Eliseni

Nolvia has decided on a new loan because she needs to invest in her business. She will use the funds she is requesting to purchase flour, sugar, baking tins, and greater amounts of firewood. This will allow her to have the supplies she needs and bake.

Her previous loan had a positive impact. It helped her improve her baking inventory. She made her sales and says that her family's situation has improved.
View original language description ↓
Nolvia, se ha decidido por un nuevo préstamo, por la necesidad de invertir en el negocio, se comprara con los fondos prestados harina, azúcar, latas para hacer el pan y leña en mayor cantidad, esto le ayudara para que pueda tener los insumos necesarios y fabricar el pan.
Con el préstamo anterior logro tener un efecto positivo, ayudo a mejorar sus inventarios para la fabricación del pan, realizo sus ventas, manifiesta que sus condiciones en la familia han mejorado.

Previous Loan Details

Nolvia needs to invest more in her business, so she is asking for a new loan that will allow her to buy flour, lard, sugar, and other things she needs to bake bread. This new loan will help her improve her availability of products and production. The previous loan was a good experience for he... More from Nolvia Eliseni'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
  • 850
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Nolvia Eliseni to buy flour, sugar, baking tins, and greater amounts of firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 6, 2013
Feb 25, 2013
Currency Exchange Loss:
Aug 18, 2013