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Maria Leticia

Update on Maria Leticia

María wants to buy more pigs for her business and remodel the farm buildings. She wil buy construction materials like cement blocks, sheet steel, cement, and wood for the pig pen. Her previous loan was a success; she bought pigs and now has 12 to fatten so that she can earn more income to support her family.
View original language description ↓
María, quiere incrementar el negocio en el numero de cerdos, tambien mejorar la infraestructura, ella se comprara materiales de construcción como bloques, laminas, cemento, madera, para la construcción de una galera donde puedan estar los cerdos.
El efecto que tuvo con el préstamo anterior fue bueno, compro cerdos y ahora tiene en cuenta 12 en total para engorde, esto ha mejorado sus ingresos para los gastos familiares.

Previous Loan Details

María is 24 years old. She lives with her husband and daughter, who is 3 years old. She manages a pig farm. She has been doing this for three years. She works full time in addition to running her household. She is asking for a loan to buy 4 pigs, to add them to the farm. This investment will h... More from Maria Leticia'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
  • 457
    View loans »
    El Salvador Loans Fundraising
  • $23,123,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Leticia to buy cement blocks, sheet steel, cement, and wood for the farm.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013