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Maria Andrea

Update on Maria Andrea

Maria needs financing to supply her clothing sales business for the upcoming season. For this reason she is requesting a new loan to be able to buy clothing such as blouses, shorts, pants, dresses, athletic clothes, underwear, for men and women. This will help her improve her income and her customers.
She comments that with the previous loan she was able to cover her customers' demand which helped to improve her financial stability. Maria continues with her sales to be able to support her family.
View original language description ↓
María, necesita capital para surtir su negocio de ropa para la temporada que se acerca, es por eso que está solicitando un nuevo préstamo para la compra de ropa como blusas, shorts, pantalones, vestidos, licras, ropa interior tanto para mujer como para hombre, esto le ayudara a mejorar sus ingresos y su clientela.
Ella comenta que con el préstamo anterior logro cubrir la demanda de sus clientes en su negocio y le ayudo a mejorar su estabilidad económica, María sigue con su venta para poder sostener a su familia.

Previous Loan Details

María sells clothing and basic necessities. She lives with her husband and three children. María has a store in her home where she sells clothing three times a week, which are the only days when trade is conducted in her town. This business started out of necessity and she learned this trade f... More from Maria Andrea'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
  • 684
    View loans »
    El Salvador Loans Fundraising
  • $24,309,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Maria Andrea to purchase clothing such as blouses, shorts, pants, dresses.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Maria Andrea. It was first posted on Kiva on Nov, 2011. Learn More