Update on Maira MarisaMaira is requesting a new loan to further strengthen her activity by buying basic products she needs to prepare the food she sells. She will buy corn, gas, oil, fried pork skin and curd, and this will be a great help for her as she will have everything that she needs at her disposal.
Thanks to the loan she has previously requested she has succeeded in improving the conditions of her shop, working very hard as well thanks to the ingredients she has been able to purchase. At the moment her activity is stable and she has succeeded in attracting new customers; the living conditions of her family are improving as well.
El préstamo anterior le permitió también poder tener un negocio en una mejor condición, trabajar arduamente con todos los ingredientes; hasta el momento su negocio se mantiene y ha logrado ganar nuevos clientes, en su familia sus condiciones están mejorando.
Previous Loan DetailsMaira owns a pupuseria. She lives with her husband and her two daughters who are 20 and 18. She started her business with her sister who offered to teach her how to prepare pupusas. She does not work fixed hours. Maira would like to buy ingredients for making her pupusas such as 'quesillo' ... More from Maira Marisa's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- May 25, 2012
- Jun 20, 2012
- Currency Exchange Loss:
- Mar 19, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.