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Ana Gladys

Update on Ana Gladys

Ana is requesting another loan because she needs to invest more in her business selling pupusas, a traditional El Salvadorian thick corn tortilla, and soft drinks. With this loan, she will be able to buy oil, cheese, meat and other ingredients.
Her previous loan enabled her to boost her profits and she used these to pay household expenses. The circumstances of her family have improved, as has their economic situation, because Ana was able to strengthen her business with the loan from Kiva.
View original language description ↓
Ana, solicita un nuevo préstamo por la necesidad de invertir más en la productividad de pupusas y refrescos, ya que esta es la actividad a la que se dedica. Este le permitirá comprar aceite, tomates, quesillo, carne, entre otros.
El crédito anterior le ayudo a incrementar sus utilidades y las invirtió en los gastos del hogar. Las circunstancias familiares han mejorado, asimismo las condiciones económicas, ya que logro fortalecer su negocio con el préstamo otorgado por Kiva.

Previous Loan Details

Ana, 37, has three children who are 6, 9 and 15 years of age. She’s the only one who works to support her home since she’s a single mother. She lives with her parents and manages a store at a school that sells food items like snacks, cookies, candy, bonbons; she’s been in business seven years a... More from Ana Gladys'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
  • 449
    View loans »
    El Salvador Loans Fundraising
  • $23,355,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Ana Gladys to buy oil, tomatoes, cheese, meat and other ingredients.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Ana Gladys. It was first posted on Kiva on Oct, 2012. Learn More