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Olga Yanira

Update on Olga Yanira

Olga invested her previous loan in buying beauty products to strengthen her business. Her clientele increased, she provides better service, and she has managed to maintain a good credit record.

She's going to the organization once again to request more capital. She'll invest in buying dyes, cosmetic treatments, masks, scissors, tweezers, and some garments and other accessories so she can offer another type of product, continue to satisfy her customers, and improve her economic situation.

Her family lives in optimum conditions.
View original language description ↓
Olga, invirtió el préstamo anterior en comprar productos de belleza con los que fortaleció su negocio, sus clientes aumentaron, brinda mejor servicio y ha logrado mantener su buen record crediticio.
Nuevamente acude a la institución para solicitar más capital que invertirá en la compra de tintes, tratamientos cosméticos, mascarillas, tijeras, pinzas, algunas piezas de ropa y otros accesorios, para ofrecer otro tipo de productos, continuar teniendo a sus clientes satisfechos y mejorar su situación económica. Su familia se encuentra en óptimas condiciones.

Previous Loan Details

Olga has decided to take out a new loan in order to invest in the purchase of beauty products (hair dyes, lipsticks, hair conditioner, face masks, etc.), in order to continue providing a high-quality service in her beauty salon. The benefits of the investment before were a business with new produ... More from Olga Yanira'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.

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About El Salvador

  • $7,500
    Average annual income
  • 770
    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 $1,100 helped Olga Yanira to buy dyes, cosmetic treatments, masks, scissors, tweezers, and some garments and accessories.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2014
Listed
Jul 10, 2014
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2015