Check out other loans that are currently fundraising!
Maria Del Carmen

Update on Maria Del Carmen

María needs to ask for another loan in order to keep on investing in her cosmetics sale activity. The loan will help her buying lotions, creams and cosmetics among other products.
She used her previous loan to improve her activity, by increasing her sales and supplying her stock. She lives in the same household and her economic conditions have improved.
View original language description ↓
María, se le presenta la necesidad de optar por un nuevo préstamo para seguir invirtiendo en el negocio de venta de productos de belleza. Este le ayudara a comprar lociones, cremas, cosméticos, entre otros productos.
Con el crédito anterior mejoro el negocio, incrementaron las ventas y el inventario. Las circunstancias familiares se mantuvieron igual y sus condiciones económicas han mejorado.

Previous Loan Details

Maria sells beauty products. She is currently a single mother, 45 years old, and lives with her two children, ages 18 and 21. For five years she has been fully engaged in selling beauty products. She learned this business from a family member, who taught her how to do the work. She tends to he... More from Maria Del Carmen'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
  • 814
    View loans »
    El Salvador Loans Fundraising
  • $25,698,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Del Carmen to buy lotions, creams and cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 10, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Maria Del Carmen. It was first posted on Kiva on Oct, 2012. Learn More