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Maria Victoria

Update on Maria Victoria

Maria is asking for this loan to keep working on her business. She will buy raw materials to make pupusas, such as corn, oil, condiments, cheese, and pork rinds, with which she hopes to have the opportunity to increase her sales and make more profits.

Her last loan had a very positive effect, as she invested it in cosmetics, which helped her have a variety to offer her customers, and it also helped her pupusa shop. She was able to count on having everything she needed to keep selling her customers pupusas, which improved her clientele and her family's earnings.
View original language description ↓
Maria, esta solicitando un préstamo para seguir trabajando en su negocio, comprara materia prima para hacer pupusas, maíz, aceite, condimentos, quesillo, chicharrones, con los que espera tener la oportunidad de crecer en las ventas y le ayude a generar mas ganancias.
El efecto que tuvo con el préstamo anterior fue positivo, pues invirtio en los cosmeticos, ayudandole a tener una variedad para sus clientes tambien en la pupuseria conto con todo lo necesario para seguir ofreciendo pupusas a los clientes, mejorando su clientela y las ganancias a la familia.

Previous Loan Details

María, 58, lives in Concepción Batres, Usulután Department. She sells cosmetics and has a pupusería (Salvadoran fast food); she lives with her husband and two children. She started her businesses three years ago and she currently wants to invest in cosmetics buying beauty products for persona... More from Maria Victoria'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
  • 820
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Victoria to buy corn, oil, condiments, cheese, and pork rinds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 19, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 16, 2013
This photo was used before for a previous loan for Maria Victoria. It was first posted on Kiva on Apr, 2011. Learn More