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Hilda Consuelo

Update on Hilda Consuelo

Hilda is requesting a new loan because the loans are a source of generating income. Also, she needs basic needs products in order to stock the store that she has.

She will use the loan to buy rice, cooking oil, beans, sugar, churros, soft drinks, sardines, and soap, among other products.

The previous loan helped her to get good earnings with which she managed to have a variety of products in her business.
View original language description ↓
Hilda, soplcita un nuevo prestamo, ya que los creditos son una fuente generadora de ingresos y porque requiere productos de primera necesidad para surtir una tienda que posee; este lo invertirá en la comprar de arroz, aceite, frijoles, azúcar, churros, gaseosas, sardinas, jabón, entre otros productos. El credito anterior le ayudo a adquirir buenas ganancias y con ello logro tener variedad de productos en el negocio.

Previous Loan Details

Hilda has decided to ask for a new loan in order to have electricity installed at her home. The funds from this loan will be used to pay for the installation of electricity. Her previous loan helped her grow her business and she was able to offer her customers more products, and this was a big... More from Hilda Consuelo'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
  • 462
    View loans »
    El Salvador Loans Fundraising
  • $23,276,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Hilda Consuelo to buy rice, cooking oil, beans, sugar, churros, soft drinks, sardines, and soap, among other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013
This photo was used before for a previous loan for Hilda Consuelo. It was first posted on Kiva on Oct, 2011. Learn More