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Maria Elsa

Update on Maria Elsa

María is requesting a new loan that will be of great help for her: she will buy the ingredients she needs to prepare her meals, as in this year-end season she is receiving many requests. She will buy chicken, meat, rice, onions, tomatoes and other necessary ingredients.
Maria’s experience with her previous loans has been a good one: they have helped her improving the way she tends to her customers and thanks to them her family’s economic standard has improved.
View original language description ↓
María, de nuevo solicita otro préstamo, el cual le ayudara mucho porque comprara los ingredientes para la comida ya que este fin de año le hacen muchos pedidos y comprara: pollo, carne, arroz, cebollas, tomates y otros ingredientes necesarios.
Para Maria su experiencia con los préstamos anteriores ha sido buena, ya que le ayudaron porque le permitió tener una mejor atencion a la clientela y su familia está mejor económicamente.

Previous Loan Details

María lives with her daughter. Her business is selling fries and fast food. She works from 7.00am to 5.00pm. She runs her business from her home and has approximately 30 years experience. She learned the business herself because she needed to earn a living. María is requesting a loan to in... More from Maria Elsa'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
  • 759
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Maria Elsa to buy chicken, meat, rice, onions, tomatoes and other ingredients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Jan 7, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012
This photo was used before for a previous loan for Maria Elsa. It was first posted on Kiva on Jun, 2011. Learn More