Update on Maria AnitaMaría is seeking a new loan so that she can she can stock her store with those grocery items that are in the most demand. She will buy oil, sugar, eggs, beans, rice, soap and detergent. These are what her customers normally need most, and with this loan she hopes to be able to meet their needs.
Her previous loan had a positive effect on the business, as it helped her to offer a good selection of products to her customers and provide them with the items that they prefer.
El préstamo anterior logró tener un buen efecto en el negocio, ya que logró mantener un buen nivel de productos a disposición de los clientes, eso le ha permitido mantener su preferencia.
Previous Loan DetailsMaría is the single mother of two children, ages 17 and 12. She runs a store of household products installed in her own home that she has run for several years. Her schedule to wait on customers is all day. Currently María is requesting a loan to buy products such as eggs, sugar, rice, beans,… More from Maria Anita'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
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Jul 11, 2012
- Jul 31, 2012
- Currency Exchange Loss:
- Aug 18, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.