Update on Marta JuliaMarta is requesting a loan to invest in materials to make her meals, such as oil, corn, propane, yucca and condiments. This products will allow her to continue providing a good service to her customers. She says that her experience with her previous loan has been positive, with her maintaining her sales and having stable income to cover necessities. She thinks that through these loans Kiva has helped her a lot.
Con el prestamo anterior, manifiesta que su experiencia ha sido positiva, manteniendose en las ventas a sus clientes y con ingresos estables que le ayudan a cubrir sus necesidades, considera que Kiva a traves de estos prestamos le ha ayudado mucho.
Previous Loan DetailsMarta sells food and tortillas for a living and has been in business for 15 years after learning the traD. from her mother. She is a widow and lives with her son. She needs the loan to buy propane gas since her business consumes quite a lot in a month. This loan will help cover the cost an... More from Marta Julia'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