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Dolores

Update on Dolores

Dolores requests a new loan to purchase items such as seasoning, sugar, beverages, candies, and detergent. The loan will help him continue to satisfy his customers and offer a greater variety of products.

He used his last loan to stock his business, attract new customers and earn more money. His family is still composed of the same nuclear family members and they are all living in better conditions.
View original language description ↓
Dolores, solicita un nuevo crédito para comprar aderezos, azúcar, bebidas, golosinas, detergente, etc., lo que le ayudara seguir teniendo a sus clientes satisfechos y dando mejor variedad de productos.
El préstamo anterior le permitió surtir su negocio, atraer nuevos clientes y mejorar su economía, su familia tiene el mismo núcleo familiar y están viviendo en mejores condiciones.

Previous Loan Details

Dolores is 58 years old. He is single and lives with his daughter, who is 32. They work together managing a store, which has been in business for three years. He learned from his daughter and they serve customers every day. He wants to make their business stronger by increasing the amount of p... More from Dolores'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
  • 644
    View loans »
    El Salvador Loans Fundraising
  • $25,043,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Dolores to purchase seasoning, sugar, beverages, sweets, detergent and other items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014
This photo was used before for a previous loan for Dolores. It was first posted on Kiva on Feb, 2013. Learn More