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Zoila Marina

Update on Zoila Marina

Zoila is again applying for a loan to buy produce for her business, such as papayas, grapes, bananas, onions, tomatoes, potatoes, chilis, and avocados.

She decided to invest in her business again, as her merchandise was beginning to run low, and she needed to build up her supply of fruits and vegetables for her customers.

These loans have helped her stay in business, and continue generating income for her family. Through the loans, her business has grown, attracting more customers.
View original language description ↓
Zoila, está solicitando nuevamente un préstamo para la compra de productos para el negocio, como las papayas, uvas, bananos, cebollas, tomates, papas, chiles, aguacate, ella se decidió a invertir nuevamente, ya que la mercadería comenzó a bajar en el negocio, y se vio en la necesidad para fortalecer la disponibilidad de frutas y verduras para los clientes. Estos préstamos le han ayudado a mantenerse en el comercio y continuar generando ganancias para su familia.
A través de los préstamos su negocio ha crecido, teniendo mayor número de clientes.

Previous Loan Details

Zoila, age 26, lives in San Miguel. She has a fruit and vegetable stand. She lives with her husband and their two children, ages 11 and 6. She and her husband started the business as traveling street vendors. Their clients live in some neighborhoods that they visit. They want to purchase mer... More from Zoila Marina'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

  • $4,900
    Average annual income
  • 419
    View loans »
    El Salvador Loans Fundraising
  • $22,811,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Zoila Marina to buy papayas, grapes, bananas, onions, tomatoes, potatoes, chilis, and avocados.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Nov 7, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Zoila Marina. It was first posted on Kiva on Nov, 2010. Learn More