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Patricia Arely

Update on Patricia Arely

Patricia is requesting a new loan because she needs to continue investing, since it is a financial source that helps her obtain earnings. This allows her to buy fabric for uniforms, zippers, buttons, thread and doilies among other things. This will help her get fabric so that students don't have to go buy it at another location, in this way she'll have everything necessary to do the work.

The previous loan helped her improve sales and utilities, since she worked in selling food. Her economic conditions and family circumstances have improved, and due to this she has decided to start a new business.
View original language description ↓
Patricia,solicita un nuevo prestamo por la necesidad de seguir invirtiendo, ya que estos son una fuente financiera que ayudan a obtener ganancias; Este le permitira comprar tela para uniformes, zippers, botones, hilo, blonda, entre otros; este le ayudara adquirir la tela para que los estudiantes no tengan que ir a comprar a otro lugar, asimismo tener todo lo necesario para elaborar el trabajo.
El credito anterior le ayudo a mejorar las ventas y utilidades, ya que se dedicaba a la venta de comida; las condiciones economicas y las circusntancias familiares se han optimizado, es por ello que opta por un nuevo negocio.

Previous Loan Details

Patricia is requesting a new loan to buy dairy products such as cheese, cream, curd, and cottage cheese, which are all in demand at her business. She believes these loans have given her more strength to maintain her sales. With the previous loan, she was able to make a good investment, which a... More from Patricia Arely'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
  • 708
    View loans »
    El Salvador Loans Fundraising
  • $25,098,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Patricia Arely to buy fabric for uniforms, zippers, buttons, thread and doilies among other things.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Patricia Arely. It was first posted on Kiva on Jun, 2012. Learn More