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Maria Teresa De Jesus

Update on Maria Teresa De Jesus

María needs a new loan to invest more in her business because it generates profits. This will make it possible for her to buy women’s clothes and stuffed toys. The previous loan helped her increase sales and inventory. Her economic and family conditions remain the same.
View original language description ↓
María, se le presenta la necesidad de adquirir un nuevo préstamo para invertir más en el negocio ya que le genera utilidades. Este le permitirá comprar ropa para damas y también peluches.
Con el crédito anterior le ayudo a mejorar sus ventas e incrementar el inventario. Las condiciones económicas y familiares se mantienen igual.

Previous Loan Details

A new investment opportunity has presented itself to Maria, which is why, through a new loan, she will strengthen her business for the upcoming season. She will be toys, clothing and umbrellas - the merchandise that she sells daily in the market. She says that the previous loan increased her b... More from Maria Teresa De Jesus'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
  • $24,126,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Maria Teresa De Jesus to buy women's clothes and stuffed toys.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 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 Teresa De Jesus. It was first posted on Kiva on Nov, 2012. Learn More