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Esther De La Paz

Update on Esther De La Paz

Esther continues to work at her business, selling juices, sodas and breads. With previous funding support, she was able to purchase raw material to maintain the continuity of her work and has had earnings that have covered the commitments she has.

Because of the need to invest in the business and make improvements in her home, she is applying for a new loan to buy oranges, carrots, sugar, bread, sausages and a well pump.

This will further strengthen the business to give her family a livelihood.
View original language description ↓
Esther, sigue atendiendo su negocio de venta de jugos, refrescos y panes, con ayuda del financiamiento anterior logro comprar la materia prima para mantener la continuidad de su trabajo y ha tenido ganancias con las que ha cubierto los compromisos que tiene.
Por la necesidad de invertir en el negocio y hacer mejores en su vivienda, solicita un nuevo crédito para comprar naranjas, zanahorias, azúcar, pan, embutidos y una bomba para pozo, seguirá fortaleciendo el negocio para dar a su familia el sustento diario.

Previous Loan Details

Esther is married, and she and her husband share the happiness of having two children aged 14 and 17. When she was single, she sold tortillas with her mother. In time she married, and she sells coconuts, orange juice, soft drinks, and breads independently. She does it on a schedule of 8:00 a.m. t... More from Esther De La Paz'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
  • 786
    View loans »
    El Salvador Loans Fundraising
  • $25,635,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Esther De La Paz to buy oranges, carrots, sugar, bread, sausages and a pump for the well.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 18, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014