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Marina Isabel

Update on Marina Isabel

Marina wants to invest in her business selling tortillas and firewood. Consequently, she is applying for a loan in order to purchase corn and firewood wholesale. This enables her to provide for her household and sell to her neighbors.

She feels that the earlier loan gave her the opportunity to improve her business, thereby retaining her customers. This has made her stronger. She is motivated to continue working and to succeed with her family.
View original language description ↓
Marina, dese invertir en el negocio de tortillas y venta de leña, para eso solicita un préstamo para la compra de maíz y leña, por mayor cantidad, para mantener en el hogar y poder vender a los vecinos.
Ella considera que el préstamo anterior le dio la oportunidad de mejorar el negocio, manteniendo la clientela, esto le ha fortalecido, está motivada por continuar trabajando para superarse con su familia.

Previous Loan Details

Marina lives with two children and her companion. She sells firewood and tortillas. She’s been in this occupation for ten years. She works every day Monday through Friday. She will use the loan to buy corn to strengthen and improve her business more. She hopes to obtain more profits and cu... More from Marina Isabel'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
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Marina Isabel to purchase 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:
Mar 19, 2013
This photo was used before for a previous loan for Marina Isabel. It was first posted on Kiva on Oct, 2011. Learn More