Check out some available loans that are similar to this one!
Marta

Update on Marta

Marta’s asking for a new loan to strengthen the business because she feels that a new investment in supplies like soft-drinks, rice and cheese, among other products is necessary to meet customer demand in her store and ‘pupusa’ [stuffed, grilled corncakes] shop.

The previous loan helped her to strengthen the business and generate higher profits to help her family. This motivated her to continue working hand-in-hand with the loans because she believes that her condition is improving.
View original language description ↓
Marta, solicita un nuevo préstamo para poder fortalecer el negocio, pues considera necesaria una nueva inversión en los materiales que le ayudan a mantener el negocio, gaseosas, arroz, quesillo, entre otros productos que son necesarios para poder atender a su clientela en la tienda y pupuseria.

El préstamo anterior le ayudó a fortalecer el negocio y a poderle brindar mejores ganancias, para ayudar a su familia éstos le ha motivado a continuar trabajando de la mano de los préstamos pues considera estar mejorando su condición.

Previous Loan Details

Doña Marta lives in Concepcion Batres, a Department of Usulutan. She sells pupusas (an El Salvadorean dish) and manages a shop. She is a single mother and lives with one of her children. She began her business over 29 years ago and works every day from 6:00 am to 7:00pm. Her clients are friends… More from Marta'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
  • 621
    View loans »
    El Salvador Loans Fundraising
  • $22,145,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Marta to buy soft-drinks, rice and cheese.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013