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Ana Lucia

Update on Ana Lucia

Ana has progressed with the help of the previous loan. She increased the inventory in her store with the products that her customers look for day to day. Her new financial situation has allowed her to pay off her debts and cover her household expenses and her family has a better quality of life.

She has decided on a new loan to buy oil, detergent, soap, eggs, salt, rice, beans, bags and beverages. She will continue working and expanding her business to maintain her financial stability.
View original language description ↓
Ana, ha progresado con la ayuda del financiamiento anterior surtió el inventario de su tienda con los productos que sus clientes buscan día con día, su nueva situación económica le ha permitido cancelar sus deudas y cubrir los gastos de su hogar, su familia tiene un mejor estilo de vida.
Opta por un nuevo préstamo para comprar aceite, detergentes, jabón, huevos, azúcar, sal, arroz, frijol, bolsas y bebidas así continuara trabajando y ampliado su negocio para mantener su estabilidad económica.


Previous Loan Details

Ana has decided to take out another loan to buy products for her shop. She plans to buy sugar, chicken, rice, beans, drinks, soap and other items so she can have a well stocked shop to serve her customers better and continue to increase her business. With her previous loan she benefitted from... More from Ana Lucia'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

  • $4,900
    Average annual income
  • 453
    View loans »
    El Salvador Loans Fundraising
  • $23,241,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Ana Lucia to buy oil, detergent, soap, eggs, sugar, salt, rice, beans, bags and beverages.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2014
Listed
Jul 27, 2014
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015
This photo was used before for a previous loan for Ana Lucia. It was first posted on Kiva on Nov, 2013. Learn More