Update on Sandra NohemySandra, in order to expand the variety of the different designs that she currently offers, will buy wire, pliers, stones, quartz, charms, thread, clasps, etc. to make necklaces, rings, bracelets, and others. She will also continue to supply her customers with the materials to make their own pieces. This will help her increase her sales and her income, with which she will pay off her debt.
Her business has been strengthened by the previous loan. Today, she has better sales and profits, with which she has made her payments and helped with household expenses.
Su negocio ha sido fortalecido con el financiamiento anterior, hoy en día tienen mejores ventas y ganancias, con las que ha respaldado sus pagos y aportado a los gastos de su hogar.
Previous Loan DetailsSandra lives in a common-law relationship and has an 18-month-old child. Her business, which she has had for three years, is selling jewelry and jewelry materials. She began the business because of a need to improve her family's circumstances, and learned how to do it through courses given by… More from Sandra Nohemy'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.
About El Salvador
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Success!! The loan was 100% repaid