Update on Maira MarisaMaira is seeking a new loan so that she can continue to invest in her business. She will buy corn, cabbage, cheese-filled tortillas, salt, oil, soft drinks, firewood and other items so that she can continue to provide good service to her customers.
She reports that her previous loan helped her to expand her business and have all the materials that she needs. She feels that her family situation has improved as a result of her increased income.
Ella comenta que el préstamo anterior le permitió mejorar su condición, crecer y tener los materiales necesarios para trabajar, en su familia considera que su situación ha mejorado teniendo más ingresos.
Previous Loan DetailsMaira is requesting a new loan to further strengthen her activity by buying basic products she needs to prepare the food she sells. She will buy corn, gas, oil, fried pork skin and curd, and this will be a great help for her as she will have everything that she needs at her disposal. Thanks to the… More from Maira Marisa's previous loan »
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
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Success!! The loan was 100% repaid