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Maria De La Paz

Update on Maria De La Paz

María seeks a new loan to invest in her enterprise by buying firewood and corn, as these will allow her to increase production of tortillas for her business. She feels that micro loans have allowed her to prosper and grow, allowing her to better satisfy her clients. She used a former loan to stock products in her store.
View original language description ↓
María, está solicitando un nuevo préstamo, ya que quiere volver a invertir en el negocio, comprando más leña y maíz, con estos productos tendrá lo necesario para aumentar la producción de tortillas en el negocio.
Ella considera que es a través de estos préstamos como ha ido superándose, ampliando y creciendo en la atención a los clientes, el prestamo anterior lo utilizo para la compra de productos para la tienda.

Previous Loan Details

María sells tortillas and manages a shop. She lives with her husband and 2 children. She has had the business for 4 years and with it has managed to contribute towards the household expenses. Cuirrently, she is asking for a loan to buy merchandise for the store such as pasta, snacks, beverages... More from Maria De La Paz'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
  • 720
    View loans »
    El Salvador Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Maria De La Paz to buy firewood and corn.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 10, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Maria De La Paz. It was first posted on Kiva on Sep, 2011. Learn More