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Fatima Flor Maria

Update on Fatima Flor Maria

Fátima needs to make a new purchase. For this reason, she is requesting a loan which will allow her to invest in corn, cheese, oil, pork scratchings, and pop. These are the most-used items in her business. With this investment, she will be able to increase her sales capacity.
She feels that her previous loan provided her with the necessary capacity to serve her clients well and improve her family's income.
View original language description ↓
Fátima, necesita realizar una nueva compra de mercadería, por esto solicita un préstamo que le permita realizar la inversión en maíz, quesillo, aceite, chicharrones, gas, que son los más utilizados en el negocio, con esto podrá aumentar la capacidad de sus ventas.
Ella considera que el préstamo anterior le proporciono lo necesario para atender bien a los clientes, mejorando sus ingresos a la familia.

Previous Loan Details

Fátima lives with her mother and a cousin. She is single. All of the members of her household work. Fátima runs a pupusa restaurant, a business she learned from an aunt. Her business is located in her home and this is where she serves the customers from her area, many of whom are friends. Sh... More from Fatima Flor Maria'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
  • 451
    View loans »
    El Salvador Loans Fundraising
  • $23,261,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Fatima Flor Maria to buy corn, cheese, oil, pork scratchings, and pop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 28, 2013
This photo was used before for a previous loan for Fatima Flor Maria. It was first posted on Kiva on Mar, 2012. Learn More