Update on Maria DoloresMaría wants to continue to grow her farm. In addition, the time for planting corn is approaching. That is why she is requesting a new loan, to have more economic resources in order to purchase some necessary items like two pigs, fertilizer and herbicide. Then she will be well-settled in the business.
María states that she made a good investment with her previous loan. Her condition has improved as well as her income and her stability.
Ella manifiesta haber realizado una buena inversión con su préstamo anterior, las condiciones han mejorado, los ingresos y la estabilidad.
Previous Loan DetailsMaria Dolores is 36 years old and she lives in San Rafael Oriente in the department of San Miguel. She raises pigs. She lives with her husband and their two children, aged 14, and 7. She learned the business from a friend. She works independently on a small farm. She doesn't have a fixed work sch... More from Maria Dolores's previous loan »
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
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Success!! The loan was 100% repaid