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Lucia Del Transito

Update on Lucia Del Transito

Lucía is applying for another loan in order to buy drinks, basic grains, sweets, detergents and other products as she needs to keep her business prepared to handle customers' demands.

Lucía used her previous loan to stock up her business with new products. This allowed her to increase sales and it brought in new customers. Lucía has paid off her debt and continues to complete her household duties.
View original language description ↓
Lucía, solicita un crédito nuevo para comprar bebidas, granos básicos, golosinas, detergentes, entre otros productos, ya que es necesario mantener su negocio preparado para responder a la demanda de los clientes.
Con el crédito anterior surtió de nuevos productos su negocio, con lo que aumentos sus ventas, tiene clientes nuevos, ha cancelado sus deudas y sigue cumpliendo con los compromisos familiares.

Previous Loan Details

Lucia lives with her daughter and one grandson. She is married and works as a schoolteacher as well as the owner and manager of a store. She runs the store together with her daughter full-time, every day. The store is located in her home. She is requesting a loan to buy merchandise such as sn... More from Lucia Del Transito'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.

Tags

About El Salvador

  • $7,500
    Average annual income
  • 790
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Lucia Del Transito to buy drinks, basic grains, sweets, detergents and other products.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Jan 1, 2014
Currency Exchange Loss:
N/A
Ended:
May 18, 2014