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Maria Edelmira

Update on Maria Edelmira

Maria needs to invest more in the purchasing and selling of milk, curd, French bread, and the making of hot maize drinks and tamales. This is why she is asking for a new loan for the purchase of cornflour, sugar, corncobs, firewood, French bread, yuca, etc. This will help her have more stability with her business.

She says that thanks to the last loan, she increased her percentage of gains and had greater ease in making her loan payments. Things are the same with her regarding her business and her family.
View original language description ↓
María, necesita invertir más en la compra y venta de leche, cuajada, pan francés y la elaboración de atoles y tamales, es por eso que está solicitando un nuevo préstamo para la compra de maíz, azúcar, elotes, leña, pan francés, yuca, etc. Esto le ayudara a tener una mejor estabilidad en su negocio.
Ella manifiesta que gracias al préstamo anterior incremento el porcentaje de ganancia y tuvo una mejor tranquilidad en el pago de sus cuotas, ella sigue igual con su negocio y su familia.

Previous Loan Details

María lives in her own home. She has three children and they work and help her with the expenses of the home. She works selling atoles (warm, corn-based beverages), tamales, sweet bread, and French bread. She has her business at the main entrance to the market.

She is asking for a loan t... More from Maria Edelmira'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
  • 475
    View loans »
    El Salvador Loans Fundraising
  • $23,334,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Maria Edelmira to purchase corn flour, sugar, corncobs, firewood, French bread, yuca.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Maria Edelmira. It was first posted on Kiva on Dec, 2011. Learn More