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Sandra Lorena

Update on Sandra Lorena

Sandra is requesting a new loan due to her need to continue investing in her work with Avon, since the loans are a source of income generation for business people. This will allow her to buy lotion, hair rollers and dye, makeup and other products. Her prior loan allowed her to increase her sales as well as increasing her clientele due to the good merchandise that she offers. Her family circumstances haven't changed and her economic condition has remained the same.
View original language description ↓
Sandra, solicita un nuevo préstamo por la necesidad de seguir invirtiendo en el trabajo de avon, ya que los créditos son una fuente generadora de ingresos para los comerciantes; este le permitirá comprar lociones, rolos, tintes, maquillajes, entre otros productos.
El crédito anterior le permitió incrementar las ventas y asimismo aumentar la clientela por la buena mercadería que ella brinda; las circunstancias familiares no han cambiado y las condiciones económicas se mantienen.

Previous Loan Details

Sandra needs to invest in the strengthening of her business buying beauty products from catalogues (make-up, lipstick, creams) that she goes out selling house to house in areas adjacent to her house. This has been her method of work for years managing to support herself to date and covering ba... More from Sandra Lorena'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
  • 453
    View loans »
    El Salvador Loans Fundraising
  • $23,241,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $575 helped Sandra Lorena to buy lotion, hair rollers and dye, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 18, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Sandra Lorena. It was first posted on Kiva on May, 2012. Learn More