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Maria Elena

Update on Maria Elena

María wants to stock her business with fruits and vegetables and fried goods to sell. For this reason, she is requesting a loan that will help her to buy onions, cabbage, tomatoes, carrots, plátanos (banana variety), and oil. This will help her increase her sales and expand her business.

According to María, her previous loan allowed her to improve her business and she bought a bicycle to go out and sell more of her foods. Since she is still providing for the members of her family, her goal is to continue improving her home and her business.
View original language description ↓
María, quiere surtir el negocio de la venta de frutas, verduras y tostadas, para solicita un préstamo que le permita comprar cebollas, repollo, tomates, zanahorias, plátanos, aceite, con esto le dará mas capacidad al negocio y podrá seguir realizando su venta.
Ella manifiesta que el préstamo anterior le permitió mejorar el negocio, ha comprado un coche de bicicleta para salir a vender, en su hogar el número de miembros se mantiene, su deseo es continuar mejorando su hogar y el negocio.

Previous Loan Details

Maria sells fruit, vegetables, and fish. She is a housewife who lives with her husband and has a daughter that she helps economically. Maria learned the business from friends; she had previously only dedicated her efforts to agriculture. Now, for some time, she has been involved in commerce. M... More from Maria Elena'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
  • 607
    View loans »
    El Salvador Loans Fundraising
  • $23,544,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Elena to buy onions, cabbage, tomatoes, carrots, plátanos (banana variety), and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Maria Elena. It was first posted on Kiva on Jun, 2012. Learn More