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Ruth Maria

Update on Ruth Maria

Ruth is seeking a loan to increase inventory for her snack business. She'll buy corn, oil, gas, and condiments like vegetables and other helpful items.

Ruth enjoyed a positive impact from her prior loan. She put the money toward the business, increasing production and sales capacity. Her family's income has become stable enough to cover the most necessary costs.
View original language description ↓
Ruth, solicita un préstamo para aumentar el nivel de inventario de su negocio de meriendas, se comprara maíz, aceite, gas y condimentos, así como algunos vegetales y otros productos que le ayudan a realizar el negocio.
Con el préstamo anterior tuvo un efecto positivo, aplico el dinero en el negocio, aumentando su capacidad para producir y vender, sus ingresos familiares han sido estables para cubrir los gastos mas necesarios.

Previous Loan Details

Ruth is requesting a new loan to invest in her snack business. She considers her venture to be lacking in supplies that are needed to put forth a better product. Ruth will buy corn, firewood, gas, condiments, and other necessary supplies for preparing her food. She hopes that this loan will... More from Ruth Maria'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
  • 644
    View loans »
    El Salvador Loans Fundraising
  • $28,178,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Ruth Maria to buy corn, oil, gas and condiments.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 7, 2012
Dec 4, 2012
Currency Exchange Loss:
Feb 28, 2013
This photo was used before for a previous loan for Ruth Maria. It was first posted on Kiva on Jun, 2012. Learn More