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Maria Luisa

Update on Maria Luisa

María 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.
View original language description ↓
María, Está solicitando un nuevo préstamo para poderlo invertir en la tienda comprándose artículos de primera necesidad que han disminuido hasta el momento, pastas, papel higiénico, productos de aseo personal, arroz, azúcar, que son necesarios y demandados por los clientes.
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 Details

María 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 »

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
  • 663
    View loans »
    El Salvador Loans Fundraising
  • $24,140,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maria Luisa to buy pastas, toilet paper, personal hygiene products, rice and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 17, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012