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Maria Segunda

Update on Maria Segunda

María is seeking a new loan to buy the supplies she needs to continue making and selling tortillas: corn, firewood, and cal. She hopes to buy these supplies at a good price so she can make a greater profit.

As a result of her previous loan, Maria has been able to improve her family's life a little. Through her sales she has managed to maintain a level of income that allows her to cover the costs of her children's education.
View original language description ↓
María, está solicitando un nuevo préstamo para poderlo invertir en la compra de los materiales que le permitan continuar con la venta y producción de tortillas, éstos materiales son el maíz, leña, Cal, con estos materiales espera encontrarlos a buen precio para poder tener una mejor ganancia.

El efecto que ha tenido con el préstamo anterior, ha sido bueno ya que le ha permitido mejorar un poco de circunstancias familiares, con sus ventas han logrado mantener un nivel de ingresos para poder cubrir los gastos del estudio de sus hijos.

Previous Loan Details

María is 40 and lives with her husband and 3 children, who are 11, 6, and 1 1/2. She makes a living selling tortillas, which she learned how to do 3 years ago. She does this because of the need to have more income to feed and educate their children. Her schedule is from 10 a.m. to 4 p.m. She is… More from Maria Segunda'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
  • 657
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Segunda to buy corn, firewood and cal.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Maria Segunda. It was first posted on Kiva on Mar, 2012. Learn More