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Blanca Raquel

Update on Blanca Raquel

Blanca decided to secure another loan in order to improve and continue her business. With the funds she will continue purchasing clothes and in doing so keep her business going. She has successfully maintained her business and used it to remain self-employed and to cover housing expenses. She has managed to keep her business stable and to continue working.
View original language description ↓
Blanca, decide adquirir un nuevo crédito para mejorar y seguir su negocio. Con lo cual le ayudara para seguir comprando ropa y así para movilizarse en su negocio.
Ella logro que su negocio se mantuviera y seguir empliándose, también para cubrir sus gastos habitacionales. Ha podido obtener estable su negocio y seguir trabajando en el.

Previous Loan Details

Blanca sells jewelry, sandals and artificial flowers. She lives with her husband and two children in a home owned by her aunt. She has multiple businesses and also offers laundering services. She requests a loan for materials to make artificial flowers, like different colored paper, wire, glue... More from Blanca Raquel'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
  • $23,284,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Blanca Raquel to purchase clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Blanca Raquel. It was first posted on Kiva on Jul, 2012. Learn More