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Dolores Armida

Update on Dolores Armida

Dolores decided on a new loan so she can continue with her business selling fruits and vegetables. She plans to purchase tomatoes, onions, potatoes, carrots, radishes and avocados, which will give her more opportunities to make her sales. Her previous loan had a positive effect on her business and helped her increase her sales in this period. Her goal is to keep expanding her market to have financial resources to be able to help her family and make improvements to her home.
View original language description ↓
Dolores, se decidió por un nuevo préstamo para darle continuidad al negocio, realizando las ventas de frutas y verduras, ella se comprara tomates, cebollas, papas, zanahorias, repollos, rábanos y aguacates, con esto tendrá más oportunidades para realizar sus ventas.
Con el crédito anterior tuvo un efecto positivo pues mejoro su negocio, con lo que pudo mejorar sus ventas en este periodo; su deseo es seguir ampliándose en el mercado, de los recursos económicos poder ayudar a su familia y realizar mejoras a la viviendas.

Previous Loan Details

Dolores would like to restock her business by purchasing, for example, tomatoes, onions, avocados, apples and grapes among other fruits and vegetables that are in demand by her customers. Her goal is to maintain her business, which is her only source of work which helps her to get ahead. Her ... More from Dolores Armida'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
  • 361
    View loans »
    El Salvador Loans Fundraising
  • $31,233,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Dolores Armida to purchase tomatoes, onions, potatoes, carrots, cabbage, radishes and avocados.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 7, 2012
Dec 4, 2012
Currency Exchange Loss:
Aug 18, 2013