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Rosa Maria

Update on Rosa Maria

Rosa is requesting a loan to start up the this season's planting. She will farm corn with her family. She will also invest part of the money in tailoring. Specifically, she will buy fertilizer and herbicides and clean the land. For tailoring, she will buy fabrics, zippers and sewing machine maintenance.

She considers that the previous loan helped her to maintain a machine and keep it in good condition. She also bought fabric to make uniforms. Her immediate family is supported and her income has improved.
View original language description ↓
Rosa, está solicitando un préstamo para dar inicio a la siembra de esta temporada, pues cultivara con su familia maíz, tambien invertirá una parte del dinero en la sastrería, específicamente se comprara abono, limpiar el terreno, herbicidas, para la sastrería comprara telas, ciper, mantenimiento de las maquinas de coser.
Ella considera que el préstamo anterior le ayudo a mantener una maquina en buenas condiciones, dándole mantenimiento, y se compro tela para confeccionar uniformes, su núcleo familiar se mantiene sus ingresos si han mejorado.

Previous Loan Details

Rosa resides in Yamabal, Morazan department. She is a dedicated seamstress and lives with her parents and sister, who has 2 daughters. Both Rosa and her sister work as seamstresses from 7:00 am until 4:00 pm, but when they have a lot of work, they remain until nighttime, to be able to keep up with… More from Rosa Maria'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
  • 601
    View loans »
    El Salvador Loans Fundraising
  • $21,986,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rosa Maria to buy fabrics, zippers and sewing machine maintenance.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
Jun 8, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Rosa Maria. It was first posted on Kiva on May, 2011. Learn More