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Gloria Elizabeth Del Carmen

Update on Gloria Elizabeth Del Carmen

Gloria, has decided to continue growing her business, buying materials she uses, that is why she is requesting a loan to purchase clay and black dye, and for transportation payment, to go out and sell.

She states that with the previous loan it was very helpful for the production, for that reason it motivates her to continue with loans. She has bought materials for the stoneware production which until now has helped her generate more sales. A baby girl, now three months old, has been born in her family.
View original language description ↓
Gloria, se ha decidido por seguir creciendo en el negocio, comprando materiales que utiliza por eso solicita un préstamo para la compra de barro, nacazcol, pago de transporte para salir vender.
Con el préstamo anterior manifiesta que fue de mucha ayuda, para la producción, por eso se motivo a seguir con préstamos, ella ha comprado materiales para la producción de loza, que hasta el momento esto le ayudado a generar más ventas, en su familia ha nacido una niña de tres meses.

Previous Loan Details

Gloria lives with her husband and their two children, ages 12 and 7 who are both in school. They inherited their house from Gloria's father. She makes and sells pottery, an activity that she learned from a young age from her mother. Today she works to take care of her household from 8am until 4pm... More from Gloria Elizabeth Del Carmen'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
  • 693
    View loans »
    El Salvador Loans Fundraising
  • $24,290,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Gloria Elizabeth Del Carmen to purchase clay and black dye and for transportation payment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Gloria Elizabeth Del Carmen. It was first posted on Kiva on Jul, 2012. Learn More