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Maria Concepcion

Update on Maria Concepcion

María is requesting a new loan because she needs to buy more stock for her fruit and vegetable selling business. She will buy apples, pears, grapes, potatoes, chayotes, and other fruits that are in demand to continue selling to her customers.

The previous loan had a positive effect as it allowed her to keep her business going. With her earnings, she has been able to contribute towards the family's daily food costs. She will continue her sales, and she will continue supporting her children with their studies.
View original language description ↓
María, se decidió por un nuevo préstamo porque necesita más capital de trabajo en el negocio de la venta de frutas y verduras, se comprara manzanas, peras, uvas, papas, güisquiles, y otros frutos que le sean demandados para continuar vendiendo a sus clientes.
Con el préstamo anterior tuvo un efecto positivo, manteniendo el negocio, con las ganancias ha podido ayudar a su familia con su alimentación diaria, ella continuara realizando sus ventas y apoyando a sus hijos en el estudio.

Previous Loan Details

María is a street vendor selling fruits and vegetables. She lives with her husband and two children, 16 and 14 years of age. She has had her business for five years and started it due to the need to have a source of income. She works from 6 a.m. to 4 p.m. She is requesting a loan to buy… More from Maria Concepcion'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
  • 667
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Concepcion to buy fruits and vegetables like apples, pears, grapes, potatoes, and chayotes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Maria Concepcion. It was first posted on Kiva on Dec, 2011. Learn More