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Maria Sarbelia

Update on Maria Sarbelia

María says that she decided to take out a new loan because this way of working has allowed her to grow her business. She has been able to offer her customers a larger quantity of products and pupusas. She will buy flour, yeast, corn, sugar and eggs, to continue making bread. It helps her to diversify the products that she sells. María believes that her experiences with loans have been good and that they have helped her to make progress.
View original language description ↓
María, manifiesta que la decisión por el nuevo préstamo se debe a que, esta manera de trabajar le ha permitido crecer en el negocio, ya que se ofreció a los clientes mayor cantidad de productos para la tienda y pupusas; esta compra nueva será en harina, levadura, maíz, azúcar, huevos, para continuar elaborando pan, ya que tambien le ayuda a diversificar los productos para la venta. Ella considera que ha tenido buenas experiencias con los prestamos, sirviéndole para salir adelante.

Previous Loan Details

Maria Sarbelia lives with her husband and son, and manages a small cafe where she sells pupusas (stuffed corn tortillas) and drinks. The cafe has existed for over 21 years and she serves there every day of the week, in the evening. Maria Sarbelia inherited the business from her mother. Maria ... More from Maria Sarbelia'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
  • 663
    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 $600 helped Maria Sarbelia to buy flour, yeast, corn, sugar and eggs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Maria Sarbelia. It was first posted on Kiva on Oct, 2011. Learn More