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Gloria Lostenia

Update on Gloria Lostenia

Gloria needs to get another loan because she needs more working capital to continue in her business making and selling tortillas. This investment will help her buy corn and metal sheeting to build space to improve the business. Her previous loan helped her to improve her income and she’s increased her clientele too. Her economic conditions and family circumstances have optimized.
View original language description ↓
Gloria, le surge la necesidad de adquirir un nuevo préstamo, ya que requiere de más capital de trabajo para continuar en su negocio de la elaboración y venta de tortillas; esta inversión le ayudara a comprar maíz y láminas para construir su espacio para mejorar el negocio.
El crédito anterior le ayudo mejorar sus ingresos y con ello ha logrado incrementar la clientela. Las condiciones económicas y las circunstancias familiares se han optimizado.

Previous Loan Details

Gloria earns her living selling tortillas and tamales. She and her husband have been married for one year and do not have any children yet. Gloria sells tortillas seven days a week, and also makes tamales on Tuesdays and Fridays. Her husband is a bricklayer. Gloria is seeking a loan to buy cor... More from Gloria Lostenia'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

  • $7,500
    Average annual income
  • 869
    View loans »
    El Salvador Loans Fundraising
  • $28,305,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $175 helped Gloria Lostenia to buy corn and metal sheeting..
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 9, 2013
Sep 17, 2013
Currency Exchange Loss:
Aug 17, 2014
This photo was used before for a previous loan for Gloria Lostenia. It was first posted on Kiva on Jul, 2012. Learn More