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Maria Gregoria

Update on Maria Gregoria

Doña Maria is the owner of a food stall located in the city center where she has sold sodas, smoothies, milkshakes and pastries in great variety for more than 20 years. She is married and has five children, two of whom she has care of and who study in secondary school.

This is her second loan. She used her first loan to buy ingredients to make milkshakes, fruit smoothies, desserts, and sandwiches. She tells us that it went very well for her business, since she could offer and sell a variety of smoothies and foods in her stall.

She is currently asking for financing to invest in sodas, snacks, juices, bottled water, candies, bread and other products since at this time of year her sales increase due to the summer heat.
View original language description ↓

Doña Maria es dueña de un Kiosko ubicado en el centro de la ciudad en donde vende bebidas refrescos gaseosas,batidos , malteadas de leche y repostería en variedad desde hace más de veinte años es casada y tiene 5 hijos de los cuales tiene a cargo solo 2 estudian en secundaria. Este es su segundo crédito su primer crédito lo utilizo para comprar ingredientes para realizar malteadas, batidos de frutas, repostería, sándwich nos cuenta que fue muy bueno para su negocio pues logro vender y ofrecer variedad en batidos y comidas en su kiosco . Actualmente solicito el financiamiento para invertir en gaseosa, snacks, jugos, agua embotellada, caramelos, pan y otros productos ya que en esta época del año aumentan su venta debido al calor del verano.

Previous Loan Details

Maria, 48, lives in the city of Leon and is a merchant. She sells juices and desserts (all kinds of pastries and desserts). She is a mother of 5 children. She started her business 20 years ago selling in a corner of the market. Later, she got a small stall in Leon's central market where the cu... More from Maria Gregoria'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 Nicaragua

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Maria Gregoria to invest in sodas, snacks, juices, bottled water, candies, bread and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013