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Elba Concepcion

Update on Elba Concepcion

Elba is once again seeking a loan to buy eggs, sugar, soft drinks, candy, oil etc. for her business. These items will provide her customers with a variety of merchandise.

Elba’s previous loan helped her a great deal and she earned more money. Her financial situation and her family circumstances have improved.
View original language description ↓
Elba, solicita un nuevo préstamo por la necesidad de invertir más en el negocio; este le permitirá comprar huevos, azúcar, sodas, golosinas, aceite, entre otros productos para tener variedad de mercadería para los clientes.
El préstamo anterior fue de mucha ayuda para el negocio y logro obtener ganancias; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Elva needs to invest in her business, that's why she is requesting again a loan that will help her to buy potatoes, onions, tomatoes, chili peppers, chayotes, apples, bananas, and basic grains. With this, she will stock her business to better serve her customers. This loan will allow her to ha... More from Elba Concepcion'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
  • 697
    View loans »
    El Salvador Loans Fundraising
  • $27,167,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Elba Concepcion buy eggs, sugar, soft drinks, candy, oil etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 23, 2013
May 18, 2013
Currency Exchange Loss:
Feb 17, 2014