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Blanca Elba

Update on Blanca Elba

Blanca is requesting a new loan to improve her business of selling tortillas so that she will be able to increase production and income for her home. This loan will allow her to purchase corn, firewood, and lime for making tortillas.

With the previous loan she was able to improve sales and grow her clientele. Her economic conditions improved because she acquired a griddle for making tortillas and pupusas (stuffed tortillas).
View original language description ↓
Blanca, solicita un nuevo préstamo, para mejorar su negocio de ventas de tortillas, así poder obtener más producción e ingresos para el hogar. Este le permitirá comprar maíz, leña y cal, para elaborar las tortillas.
Con el crédito anterior pudo mejorar su venta y aumento la clientela. Las condiciones económicas mejoraron, ya que adquirió una plancha para las tortillas y pupusas.

Previous Loan Details

Blanca sells tortillas and pupusas [a typical food of El Salvador]. She lives with her husband and two children. She began this business with the goal of having a source of income to help her husband with the household expenses. Her sales hours are from 6:00 am to 2:00 pm. She needs financial ... More from Blanca Elba'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
  • 745
    View loans »
    El Salvador Loans Fundraising
  • $26,192,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $375 helped Blanca Elba purchase corn, firewood, and lime for making tortillas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 24, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Blanca Elba. It was first posted on Kiva on Dec, 2012. Learn More