Fatima Flor Maria
Update on Fatima Flor MariaFátima 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.
Ella considera que el préstamo anterior le proporciono lo necesario para atender bien a los clientes, mejorando sus ingresos a la familia.
Previous Loan DetailsFátima 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. She… More from Fatima Flor Maria'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
- Repayment Term
- 12 months (Additional Information)
- Repayment Schedule
- Oct 15, 2012
- Nov 14, 2012
- Currency Exchange Loss:
- Mar 28, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.