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Maria Del Carmen

Update on Maria Del Carmen

Maria wants to stock her business for which she is requesting a new loan that allows her to improve her shop and sell clothing and magazine beauty products, buying blouses, skirts and pants. With this, she hopes to continue growing in the market and being more productive since she has a greater variety of products. The effect of her last loan was positive since it improved her store. With this she is motivated to keep working with the loans since also her family is better. She has bought some household goods.
View original language description ↓
María, quiere surtir el negocio para esto solicita un nuevo préstamo que le permita mejorar su tienda y la venta de ropa y productos de belleza de revistas, comprándose blusas, faldas, pantalones, con esto espera seguir creciendo en el mercado y siendo mas productiva, ya que contara con mayor variedad de productos.
El efecto con el préstamo anterior fue positivo, ya que mejoro la tienda con esto esta motivada para seguir trabajando con préstamos, ya que también su familia se encuentra mejor, ha comprado algunos bienes del hogar.

Previous Loan Details

María lives with her husband and two year old child. She has a staples general store. She sells rice, beans, sugar, soap, and detergents. She works every day of the week. She is asking for this loan to buy supplies for her store such as rice, sugar, and beans, so she can satisfy her clients an... More from Maria Del Carmen'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
  • 604
    View loans »
    El Salvador Loans Fundraising
  • $24,954,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,050 helped Maria Del Carmen to purchase blouses, skirts, and pants.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2012
Listed
May 27, 2012
Currency Exchange Loss:
N/A
Expired:
Jun 26, 2012
This photo was used before for a previous loan for Maria Del Carmen. It was first posted on Kiva on Oct, 2011. Learn More