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Rosa Isabel

Update on Rosa Isabel

Rosa needs a new loan in order to further invest in her clothing business. This will help her to have a variety of merchandise available for her customers. She will be able to buy both women's and children's clothing.

Rosa used her previous loan to add to her inventory and she improved her income because her sales increased. Her family's conditions have improved whilst maintaining financial stability.
View original language description ↓
Rosa, requiere de un nuevo crédito por la necesidad de invertir más en el negocio de venta de ropa para así tener variedad de mercadería para los clientes. Este le permitirá comprar ropa para damas y niños.
Con el préstamo anterior incremento su inventario y aumentaron los ingresos ya que las ventas mejoraron. Las condiciones familiares han mejorado y las circunstancias económicas se mantienen.

Previous Loan Details

Rosa is 36 years old. She lives with her husband and her 15 year old son. Her husband and son work together as fishermen. Rosa sells women’s, men’s and children’s clothes. She works Monday to Saturday. She sells on some of the islands of the coastal region, and has been doing this for seven years... More from Rosa Isabel'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
  • 761
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosa Isabel to buy ladies' and children's clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Rosa Isabel. It was first posted on Kiva on Dec, 2012. Learn More