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Maria Luisa

Update on Maria Luisa

María has decided to take out another loan due to the need to buy merchandise for her store. She will buy cooking oil, sugar, rice, salt, and other products that are necessary for her business to function well and meet her customers' demands.

Her previous loan allowed her to increase her merchandise, and also enabled her to pay better attention to her customers. At the moment, her economic situation in the family has remained well thanks to Kiva's loan financing.
View original language description ↓
María, se decidió por un nuevo préstamo por la necesidad de comprar mercadería para la tienda, como aceite, azúcar, arroz, sal, entre otros productos que sean necesarios para que su negocio funcione bien y atienda la demanda de los clientes.
Con el préstamo anterior tuvo un efecto en el aumento de la mercadería, tambien en la mejor atención a los clientes, hasta el momento su situación económica en la familia ha permanecido bien gracias al crédito financiado por Kiva.

Previous Loan Details

55-year old Maria lives with her husband. She has run a store out of her home for the past year and started the business because she needed money for household expenses. Maria is currently seeking a loan to buy merchandise such as sugar, beans, rice, oil, eggs, and bread so she has more goods to ... More from Maria Luisa'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

  • $7,500
    Average annual income
  • 834
    View loans »
    El Salvador Loans Fundraising
  • $28,317,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Luisa to buy cooking oil, sugar, rice, and salt.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Nov 21, 2012
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Maria Luisa. It was first posted on Kiva on Dec, 2011. Learn More