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Vilma Elizabeth

Update on Vilma Elizabeth

Vilma needs a new loan because she needs more working capital to continue investing in her business. This will permit her to purchase purchase wooden crates, frying pans, serving dishes, and other items to offer variety to her customers.

The earlier loan helped her strengthen her business and increase her revenues. The economic conditions and family circumstances have improved.
View original language description ↓
Vilma, se le presenta la necesidad de optar por un nuevo préstamo por lo que requiere de más capital de trabajo para seguir invirtiendo en el negocio; este le permitirá comprar guacales, sartenes, ollas de loza, entre otros para ofrecerles variedad a sus clientes.
El crédito anterior le ayudo a fortalecer el negocio e incrementar las ganancias; las condiciones económicas y las circunstancias familiares se han optimizado.

Previous Loan Details

Vilma is asking for a new loan to reinvest in her business. She will buy plastic utensils and also kitchen utensils made of china and pottery, like pots, skillets, and those which she wants to sell to her customers. This will allow her to keep her business well-stocked to keep up with demand. ... More from Vilma Elizabeth'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
  • 416
    View loans »
    El Salvador Loans Fundraising
  • $22,783,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Vilma Elizabeth purchase wooden crates, frying pans, serving dishes, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014