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Fredisminda

Update on Fredisminda

Fredisminda is requesting a new loan to purchase bread, chicken, lettuce, oil, firewood, and other products necessary to continue her business and provide better service to her customers.

This investment will allow her to grow and have everything she requires to work.
View original language description ↓
Fredisminda,solicita un nuevo préstamo para comprar pan, pollo, lechuga, aceite, leña, entre otros productos necesarios para seguir en el negocio y brindarle un mejor servicio a los clientes. Esta inversión le permitirá crecer y tener todo lo requerido para trabajar.


Previous Loan Details

Fredisminda has decided to apply for a new loan to buy herself a refrigerator, since it is a great need. She will also buy basic ingredients to make her chicken sandwiches with vegetables: seasonings, vegetables, plastic for wrapping, and beverages. All this will be to improve her business and ab... More from Fredisminda'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
  • 697
    View loans »
    El Salvador Loans Fundraising
  • $24,324,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Fredisminda to purchase bread, chicken, lettuce, oil, firewood, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013