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Maria Emilia

Update on Maria Emilia

María is asking for a new loan because she needs to increase her sales inventory. She needs to buy basic staples such as rice and beans, as well as oil, sugar, condiments, and toilet paper, which are the products in greatest demand at her business.

The previous loan allowed her to get by with her business, in order to be able to attend to her customers better. During this time her family situation has prospered and she has acquired a piece of land, which is paying off.
View original language description ↓
María, esta solicitando un nuevo préstamo porque necesita aumentar su inventario de venta, comprandose granos básicos como arroz y los frijoles, también en aceite, azúcar, condimentos, papel higiénico, que son los productos de mayor demanda en el negocio.

El considera que el préstamo anterior le permitió subsistir con su negocio, para poder atender a su clientela de una mejor manera, durante este tiempo el ha prosperado en su situación familiar y a adquirido un terreno el cual está pagando.

Previous Loan Details

María lives with her husband, three children, they are all independent, she manages a store where she offers basic necessity products, she works from 6:00 am to 9:00 pm serving clients from her own home. She requests a loan to buy gas propane at wholesale prices and products such as oil, flour... More from Maria Emilia'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
  • 569
    View loans »
    El Salvador Loans Fundraising
  • $23,920,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Emilia to purchase rice and beans, oil, sugar, condiments, and toilet paper.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Maria Emilia. It was first posted on Kiva on Mar, 2012. Learn More