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Update on Leonor

Leonor is 40 years old and a single mother. She has under her care three children who are studying, two in secondary school and the youngest in primary. The whole family is from the city of Nuevo Laredo.

For more than 6 years, Leonor has been making a living selling new and used clothes in different parts of the city. It is the source of income she has for getting ahead and for being able to give her children what they need.

She is applying for a loan to invest in the purchase of summer clothing, since she is running out of it and would like to have a greater selection so that her customers will continue buying from her.

She would like to improve her business and have more inventory, and thus generate more income for her family. A part of the earnings she receives from the sale of clothing and shoes is to pay for the loan.
View original language description ↓
La señora Leonor de 40 años de edad madre soltera bajo su responsabilidad tiene tres hijos que están estudiando dos en la secundaria y el más pequeño en la primaria, toda la familia es originaria de la ciudad de Nuevo Laredo.
Leonor tiene más de 06 años dedicándose a la venta de ropa usada y nueva en diferentes partes de la ciudad, es la fuente de ingreso que tiene para salir adelante y poder darles lo necesario a sus hijos.
Esta solicitando un préstamo para la inversión en compra de ropa de temporada de verano ya que se le esta terminando y quiere tener mas surtido para que sus clientes le sigan comprando.
Desea mejorar su negocio y tener más inventario y así podrá generar más ingresos para su familia.
Con una parte de las ganancias que obtiene de las ventas de ropa y zapatos es para pagar el crédito.

Previous Loan Details

Leonor has made a living for more than five years selling clothing and shoes for the whole family. She is requesting a loan to invest in the purchase of merchandise, which is summer clothing and shoes. Her customers are requesting this kind of merchandise, and she doesn't have the necessary mon... More from Leonor'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 Mexico

  • $15,600
    Average annual income
  • 47
    View loans »
    Mexico Loans Fundraising
  • $19,988,450
    Funds lent in using Kiva
  • 12.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Leonor to buy seasonal clothing and shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 13, 2013
May 8, 2013
Currency Exchange Loss:
Sep 9, 2014