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Maria Angelica

Update on Maria Angelica

María is requesting a new loan as she has plans to invest in more merchandise, buying blouses, undergarments for men, pants and undergarments for women since these items are what her customers demand. She hopes with this investment she will have the opportunity to earn more income, as with the previous loan she increased her capacity, because she purchased the necessary goods and obtained a good response from her customers.
View original language description ↓
María, está solicitando un nuevo prestamo pues tiene los planes de invertir más en mercadería, comprando blusas, ropa interior para caballero, pantalones y ropa interior para damas, ya que estas prendas son demandadas por sus clientes.
Espera con esta inversión poder tener la oportunidad de ganar mayores ingresos, ya que con el préstamo anterior aumentó su capacidad, pues realizó la compra necesaria en mercadería y obtuvo una buena aceptación de los clientes.

Previous Loan Details

María is 24 years old, and she lives in the city of San Miguel with her seven year old son. She has her own house. She has been selling clothes for five years. She started working as an employee of a clothing business. Later, she started as the owner of her own place. She is requesting a l... More from Maria Angelica'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
  • 718
    View loans »
    El Salvador Loans Fundraising
  • $27,090,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Angelica to purchase blouses, pants, and undergarments for both men and women.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 9, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Maria Angelica. It was first posted on Kiva on Oct, 2010. Learn More