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Maria Felicita

Update on Maria Felicita

María is requesting a new loan for her business. She plans to buy a quintal of sugar, soap, and detergents to restock her store. She will buy these items wholesale in order to obtain a greater profit margin.

With the previous loan she was able to invest in her business, earn more profit and pay back the loan on time. The income facilitated by the loan has allowed her to improve her situation and keep the family together.
View original language description ↓
María, solicita un nuevo préstamo para seguir en el negocio, comprara un quintal de azúcar, jabón, detergentes, para surtir el negocio, estos productos los adquirirá al por mayor, para tener un mejor margen de ganancia.
Con el préstamo anterior logro invertir en el negocio y le dio mejores ganancias, pagando puntual el crédito, sus núcleo familiar se mantiene, los ingresos a través del préstamo ha mejorado su situación familiar.

Previous Loan Details

María is 56 years of age. She lives with her husband and nephew, age 13. She has a grocery business. The business arose due to the need that she had in her home. She tends it from 6:00am to 7:00pm. Thanks to this business she has managed to maintain her home and help her family. She request... More from Maria Felicita'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
  • 852
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Maria Felicita to buy sugar, soap and detergents.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 13, 2012
May 18, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Maria Felicita. It was first posted on Kiva on May, 2011. Learn More