Check out some available loans that are similar to this one!
Maria Del Carmen

Update on Maria Del Carmen

Maria has decided to request another loan in order to make improvements to her home by purchasing wood and paying for laborers to do the necessary repairs in one of the main rooms. She hopes that with this investment she can offer her family better conditions. She has had good experiences with her work. For this reason, she has decided to continue working.
View original language description ↓
Maria, se ha decidido nuevamente por un préstamo, para realizarle mejoras a su vivienda, comprando madera y pagando la mano de obra para que le hagan la reparación necesaria en uno de sus cuartos principales, espera con esta inversión poder ofrecer a su familia una mejor condición, ella ha tenido buenas experiencias con el trabajo estos préstamos, por eso está decidida a continuar trabajando.

Previous Loan Details

Doña María is 42 years old and lives in San Miguel with her husband and three children (ages 5, 8, and 9). She has worked as a seamstress for a year. María previously sold food. She started both businesses through her own initiative.

María is requesting a loan to buy a sewing machine,… More from Maria Del Carmen'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
  • 660
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Del Carmen purchase wood and helps with payments for laborers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 10, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Maria Del Carmen. It was first posted on Kiva on Mar, 2011. Learn More