Update on ElizabethElizabeth is requesting a new loan due to the need to continue investing in and stocking her store. This loan will allow her to buy snacks, a variety of beverages (juices, sodas, etc.), dairy items (cheese, curd, etc.), meat, rice, beans, sugar, salt, soap, and other products. She will also buy some belts for the small grinding mill she possesses.
This will help her to stock her store and to offer the products that will satisfy the needs of her customers.
The economic conditions and her familial circumstances have improved.
Las condiciones economicas y las circunstancias familiares han mejorado.
Previous Loan DetailsElizabeth wants to stock her store with more basic items such as snacks, cheese, cream, beverages, grains, and soap. This will help her expand her business so that she can offer her customers better service. Her previous loan was a success because the investment produced more sales. Her family is… More from Elizabeth's previous loan »
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
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Success!! The loan was 100% repaid