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Mabel Antonia

Update on Mabel Antonia

Mabel is requesting a new loan to buy construction materials like sand, cement and iron rods to make improvements to her home. These materials will be used to repair a bedroom that is still unfinished.

She believed the previous loan was very productive because she was able to invest it in her business, which provided her with a better variety of products and improved her sales.
View original language description ↓
Mabel, está solicitando un nuevo préstamo para la compra de materiales para hacer mejoras a la vivienda, ella comprara arena, cemento, hierro, estos materiales son para reparar un cuarto, ya que aun no está terminado.

Ella considera que el préstamo anterior fue muy productivo, ya que invirtió en el negocio, dándole mayor variedad de productos y mejorando las ventas.

Previous Loan Details

Mabel lives in Concepción Batres, Usulután Department. She sells dairy products and clothes. She lives with her husband and 26-year-old daughter who is the mother of two small children. She started the business with help from her mother and it’s located in her home but she also goes out to nei... More from Mabel Antonia'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $7,500
    Average annual income
  • 660
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mabel Antonia to buy sand, cement and iron rods.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013
This photo was used before for a previous loan for Mabel Antonia. It was first posted on Kiva on May, 2011. Learn More