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Gloria Elizeth

Update on Gloria Elizeth

Gloria feels the need to opt for a new loan because she needs more working capital to continue with her tailoring work. This investment will help her buy necessary supplies such as fabric, thread, buttons, a sewing machine, and more. Gloria says that her prior loan helped her increase her inventory and obtain a better income. Her financial condition has improved, and her family circumstances have remained the same.
View original language description ↓
Gloria, se le presenta la necesidad de optar por un nuevo préstamo, ya que requiere de más capital de trabajo para continuar en su actividad que realiza de sastrería; esta inversión le ayudara a comprar materia prima necesaria tales como: tela, hilos, botones, una maquina, entre otros.
Comenta la Sra. Gloria que el crédito anterior le ayudo a incrementar sus inventarios y obtuvo mayores ingresos. Las condiciones económicas han mejorado, mientras que las circunstancias familiares se han mantenido.

Previous Loan Details

Gloria has a tailoring business where she makes garments. She is 36 years old and lives with her husband. She has a 5 year-old daughter who has Down's syndrome. Gloria works in her business Monday through Saturday, and she has 1 employee. She learned this trade from a relative. She is requ... More from Gloria Elizeth'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
  • 552
    View loans »
    El Salvador Loans Fundraising
  • $31,854,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Gloria Elizeth to buy fabric, thread, buttons, a sewing machine, and more.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 19, 2013
Sep 1, 2013
Currency Exchange Loss:
Jan 17, 2015