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Maria Candelaria

Update on Maria Candelaria

Maria continues working in her business. She puts all of her efforts into improving and increasing the sale of her products. Currently, she is applying for a loan to purchase hemp, plasticized thread, stones of many colors, and copper accessories in order to manufacture jewelry of different styles, all of which are modern. She hopes that this new loan will benefit her as much as the prior one, permitting her to continue having good earnings.
View original language description ↓
Maria, continua trabajando en su negocio, ella cuenta con toda la disposicion de esforzace para mejorar y crecer en el comercio de sus productos, actualmente esta solicitando un prestamo para la compra de cañamo, hilo plastificado, piedras de muchos colores, accesorios de cobre para elaborar las joyas de diferentes estilos, todos modernos.
Espera que esta nueva compra sea provechoza al igual que la anterior, permitiendole seguir teniendo buenas ganacias.

Previous Loan Details

María is married and lives with her husband and two children. She owns and manages the sale of crafts such as earrings, chains, rings, sandals and more. She began this business on her own initiative and attends to it from 6:00 AM onward. She is requesting a loan in order to buy the materials to ... More from Maria Candelaria'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
  • 778
    View loans »
    El Salvador Loans Fundraising
  • $26,212,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Candelaria to purchase hemp, plasticized thread, stones of many colors, and copper accessories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Maria Candelaria. It was first posted on Kiva on Nov, 2011. Learn More