Check out some available loans that are similar to this one!
Maria Francisca Alicia

Update on Maria Francisca Alicia

María is requesting a new loan so that she can continue growing her business. She will invest in buying merchandise such as detergents, toiletries, snacks, sweet treats, cookies, cold cuts and pasta. This will enable her to better serve her customers.

María mentions that her previous loan was a good investment. She was able to increase her stock of goods and improve her sales. This allowed her to improve her family's income.
View original language description ↓
María, está solicitando un nuevo préstamo para poder continuar creciendo con negocio pues invertirá en la compra de mercadería como detergentes, productos de aseo personal, boquitas, dulces, galletas, embutidos y pastas, esto le ayudara para poder atender mejor a los clientes.
Ella manifiesta que con el préstamo anterior logro realizar una buena inversión, aumentando los productos para mejorar sus ventas, esto le ha permitido mejorar los ingresos a su familia.

Previous Loan Details

María lives in Mercedes Umaña, Usulután department. She’s a widow and lives with a daughter and granddaughter. She has a grocery store that all of them depend on for their income. Her daughter started the store 15 years ago but now María is going to run it. Because of the economic situation... More from Maria Francisca Alicia'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
  • 674
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Francisca Alicia to buy detergents, toiletries, snacks, sweet treats, cookies and cold cuts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Maria Francisca Alicia. It was first posted on Kiva on Aug, 2010. Learn More