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Maria Juana

Update on Maria Juana

María has decided to take out a new loan in order to strengthen her business by buying firewood and corn, which are the materials used to sell tortillas, in bulk. This will benefit her because buying wholesale means buying at lower prices and is thus an opportunity to increase her profits. She tells us that with her previous loan she was able to remain in business, since buying the materials she needed helped her immensely to keep making tortillas. Thanks to that, her family can have the basic necessities needed to survive.
View original language description ↓
María, se ha decidido por un nuevo préstamo para el fortalecimiento de su negocio comprándose al por mayor leña y maíz, que son los materiales utilizados para la venta de tortillas. Esto será un beneficio para María pues los precios serán menores al comprarse por mayor cantidad, lo que le dará la oportunidad de tener un mejor margen de ganancia.
Ella manifiesta que con el préstamo anterior a permanecido en el negocio, pues su compra de insumos le ayudo mucho para seguir con la elaboración de las tortillas, gracias a esto su familia cuenta con lo necesario para subsistir.

Previous Loan Details

María earns a living selling tortillas and cosmetics. She lives with her two children and has her business in her own home. She sells the tortillas by morning and in the afternoons she goes out to visit the customers in their homes and sell them cosmetics by catalog. At the moment she needs t... More from Maria Juana'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
  • 641
    View loans »
    El Salvador Loans Fundraising
  • $24,259,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Maria Juana to buy firewood and corn.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Expired:
Jun 28, 2012
This photo was used before for a previous loan for Maria Juana. It was first posted on Kiva on Aug, 2011. Learn More