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Gicela Maritza

Update on Gicela Maritza

Gisela needs to invest more in the business buying supplies to continue making tortillas like corn and firewood and it would help to buy it in larger amounts to have readily at hand.

She had a positive effect with her previous loan improving her clientele and family income too; they are better now.
View original language description ↓
Gisela, necesita invertir más en el negocio, comprando materiales para continuar en la producción de las tortillas, como el maíz y leña, que le ayudaría a comprarlos por mayor cantidad para mantener disponible y a su alcance.
Ella tuvo un efecto positivo con el préstamo anterior, mejorando con su clientela y los ingresos a su familia también, estando mejor en la actualidad.

Previous Loan Details

Gicela sells tortillas. She lives with her two children, ages 15 and 20. She has had this business for 20 years. She inherited it from her grandmother. She now has a lot of customers, and it is profitable. She works every Monday through Saturday. She will use the loan to buy corn and fire... More from Gicela Maritza'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
  • 643
    View loans »
    El Salvador Loans Fundraising
  • $25,043,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Gicela Maritza to buy corn and firewood.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 16, 2013
This photo was used before for a previous loan for Gicela Maritza. It was first posted on Kiva on Oct, 2011. Learn More