Update on Helena EmperatrizHelena needs a new loan because she needs more working capital in order to continue investing in her business. This will allow her to buy beauty products such as: lotions, creams, deodorants, snacks, gold-plated jewelry items and also purchase clothing. This will help her to invest more in her business, increase her inventory and generate more profits to support her family.
The previous loan helped her to improve her earnings. Her economic conditions and family circumstances have improved.
EL credito anterior le ayudo a mejorar los ingresos; las condiciones economicas y las circunstancias familiares han mejorado.
Previous Loan DetailsHelen sells catalog products and gold-plated jewelry items. She is a housewife, and lives with her husband and a son. She has been in the business of selling cosmetics and jewelry for six years. She is applying for a loan to buy more plated jewelry and beauty products such as make-up, lipstick... More from Helena Emperatriz'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.
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About El Salvador
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Success!! The loan was 100% repaid