Update on Maria SusanaMaría’s asking for a new loan to increase availability of seafood and cashew nuts. She will buy fresh fish, shrimp, clams and raw cashew nuts. With this new loan she will have stock on hand and be able to generate higher income.
She used the previous loan to improve her inventory and to date has maintained stable sales. She’s had good profits that have been useful for her to cover all her family needs.
Con el préstamo anterior mejoró el inventario y hasta el momento se ha mantenido estable con sus ventas, ha tenido buenas ganancias que le han servido para ayudar a solventar todas sus necesidades familiares.
Previous Loan DetailsMaría lives with her mother and her children. She sells seafood and cashew seeds. She has had this business for six years. Her mother was the one who taught her the business. Thank God she has managed to keep her customers and provide her family with the necessities. She is requesting a lo... More from Maria Susana'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