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Maria Guadalupe

Update on Maria Guadalupe

Maria has decided to apply for a new loan. She is presently administering 2 activities; selling cashew seeds, and operating a carpentry shop, for which she needs to buy wood for making furniture. She will purchase wood of different types, nails, screws, paint, and varnish. All this forms a part of the primary materials she needs to do her carpentry work.

The result of her previous loan was to improve the functioning of her business, investing in cashew seeds to sell during season. With that loan she has been able to better sustain her family and, also, purchase material to improve her house.
View original language description ↓
María, se decidió por un nuevo préstamo, está administrando al mismo tiempo de la venta de semilla marañón una carpintería y necesita comprar madera para realizar muebles, se comprara madera de diferentes clases, clavos, tornillos, pinturas, barniz, todo esto forma parte de la materia prima para la carpintería.
El efecto que tuvo con el préstamo anterior fue una mejoría en el funcionamiento del negocio, invirtiendo en la temporada de la semilla de marañón, con ello ha podido mejorar el sustento de la familia y compro material para mejorar la vivienda.

Previous Loan Details

María lives with a sister and her mother. She sells cashew nuts, and also works at carpentry with a brother who has his own home. From working at these jobs, she has generated earnings for her family. Right now, she is requesting a loan in order to purchase the whole nuts so she can process them,... More from Maria Guadalupe'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
  • 563
    View loans »
    El Salvador Loans Fundraising
  • $23,525,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria Guadalupe to purchase wood of different classes, nails, screws, paint, and varnish so that she can make furniture.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Maria Guadalupe. It was first posted on Kiva on Feb, 2012. Learn More