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Rosa Idalia

Update on Rosa Idalia

Rosa again strengthened her business so she is choosing to apply for another loan which she will use to buy seed, fertilizer, manure, pesticides, and insecticides to continue her cultivation of basic crops. She also will purchase chocolate paste, bananas, oranges, sugar, plastic bags, and more which are the materials she needs to make and sell chocolate-covered bananas and sweets.
With her previous loan she has seen much progress in her business. She now has good customers. Her family lives under better circumstances and she still has a good credit record.
View original language description ↓
Rosa, fortalecerá nuevamente su negocio por lo que opta por solicitar más capital, lo utilizara para comprar semilla, fertilizantes, abono, plaguicidas e insecticidas, para continuar cultivando granos básicos, también comprara pasta de chocolate, guineos, naranjas, azúcar, bolsas, etc., son materiales con los que elabora la venta de choco bananos y charamuscas,.
Con el préstamo anterior ha progresado mucho su negocio, tiene nuevos clientes, su familia vive en mejores circunstancias y sigue teniendo un buen record crediticio.

Previous Loan Details

Rosa finds herself in need of requesting a new loan in order to buy chocolate, fruit, sugar, and to pay for labor. These will allow her to make different homemade products to sell as well as help harvest her crops. Her previous loan gave her the opportunity to strengthen the sale of her house as… More from Rosa Idalia'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

  • $4,900
    Average annual income
  • 443
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Rosa Idalia to purchase ingredients to make chocolate-covered bananas and sweets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 24, 2014
Listed
Jul 18, 2014
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015