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Maria Concepcion

Update on Maria Concepcion

María is asking for a new loan to strengthen her business. This time she will buy corn to resell because she thinks it will earn her money.

María's previous loan helped her buy other food products for her business. She now hopes that this new loan will help her improve in the same way.
View original language description ↓
María, está solicitando un nuevo préstamo para el fortalecimiento del negocio, en esta ocasión comprara maíz para revender, pues considera que le quedara ganancia de esta actividad.
El préstamo anterior ayudo a María a la compra otros productos comestibles para el negocio, hoy espera que este nuevo financiamiento igual le ayude a mejorar.

Previous Loan Details

María lives in San Francisco Gotera in the department of Morazán. She is 38 years old, lives with her four children, and works managing a store with basic necessities.

As the person responsible for the household, she keeps her store inventory in the best conditions as her children depend o... More from Maria Concepcion'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
  • 651
    View loans »
    El Salvador Loans Fundraising
  • $24,202,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Maria Concepcion to buy corn to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Maria Concepcion. It was first posted on Kiva on Jan, 2011. Learn More