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Claudia Lorena

Update on Claudia Lorena

Claudia needs more working capital to continue investing in her business which is why she’s asking for a new loan to buy toys, string, ‘capiruchos’ [a wooden toy], CDs, etc.

The previous loan was favorable in that the sale of goods increased and improved as well as her ability to pay; her family circumstances are stable and her economic conditions have optimized.
View original language description ↓
Claudia, requiere de más capital de trabajo para seguir invirtiendo en su negocio por lo que solicita un nuevo préstamo, el cual servirá para comprar juguetes, pitas, capiruchos, CDs, entre otros.
El crédito anterior fue favorable, ya que la venta de artículos aumentaron y fueron mejores, asimismo su capacidad de pago; sus circunstancias familiares se mantienen y las condiciones económicas se han optimizado.

Previous Loan Details

Claudia has decided to take out a new loan for the purchase of seasonal merchandise: toys, accessories, crafts, and other items to sell. This will allow her to improve her business and continue working every day. Her previous loan improved the condition of her business. Her family situation has ... More from Claudia Lorena'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
  • 360
    View loans »
    El Salvador Loans Fundraising
  • $31,244,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Claudia Lorena to buy merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 21, 2013
Jul 12, 2013
Currency Exchange Loss:
Sep 17, 2015
This photo was used before for a previous loan for Claudia Lorena. It was first posted on Kiva on Nov, 2012. Learn More