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Virginia Esperanza

Update on Virginia Esperanza

Virginia is requesting a new loan to invest in her business selling food, so that she can buy the ingredients she needs for the different meals that she can prepare. For example, she will buy a variety of meats, cooking oil, vegetables, and condiments. This will help her to keep her food business going.

With the previous loan, she managed to maintain her production of food, and at the same time attract new customers for her business. As a result, her income has increased, providing her with better solvency with regard to her family's financial obligations. She states that thanks to the Kiva loan, her situation is improving and she is prospering financially.
View original language description ↓
Virginia, está solicitando un nuevo préstamo para poderlo invertir en la venta de comida, comprandose los ingredientes necesarios para las diferentes menús que pueda preparar, por ejemplo se comprara una variedad de carnes, aceite, vegetales, condimentos, pues esto le ayudará a poder mantener su producción de comida.

Con el préstamo anterior ella logró mantener su producción de alimentos y al mismo tiempo ha logrado ganar nuevos clientes para el negocio, debido a esto sus ingresos han sido mejores, dándole una mayor solvencia frente a sus obligaciones en la familia, manifiesta que gracias al crédito con kiva está mejorando sus situaciones y está prosperando económicamente.

Previous Loan Details

Virginia sells food. She lives with her two children, ages 13 and 1. Virginia's business came about through her own initiative, and has been in existence for six years. With this business, she and her family have managed to get ahead in life. Currently, she is applying for a loan to buy raw m... More from Virginia Esperanza'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.

About El Salvador

  • $7,500
    Average annual income
  • 584
    View loans »
    El Salvador Loans Fundraising
  • $31,721,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Virginia Esperanza to buy meat, cooking oil, vegetables and condiments.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 15, 2012
Jul 12, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Virginia Esperanza. It was first posted on Kiva on Nov, 2011. Learn More