Update on Maria LuisaMaría is requesting a new loan to invest it in her activity. She will buy basic necessities such as pastas, toilet paper, personal hygiene products, rice and sugar, as her inventory has decreased and these are products her customers need and request more often.
She says her previous loan has been a great help for her as she has been able to improve the variety of her products and the service she offers to her customers, and at the moment her activity remains stable.
Ella considera que el préstamo anterior le ayudó para mejorar la variedad de productos y la atención a los clientes, hasta el momento se ha mantenido estable y sus ventas de la misma manera.
Previous Loan DetailsMaría is 56 and lives with her husband and two children. She runs a small store that she has managed for the past 13 years, working every day with the help of her husband. She now seeks credit to buy merchandise such as candy, soft drinks, juices, pastas, soap and detergents. This credit will… More from Maria Luisa'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