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Maria Argelia

Update on Maria Argelia

María, age 40, is a hardworking woman who lives with her three children. She works in a beauty salon. Like any responsible mother, María wants her family to live better. Being able to generate extra income enables her to provide everything that her children need.


Wanting to improve her beauty salon, María is requesting a loan so that she can stock her business with brand name products that are well-known. These items include hair dyes, skin care crèmes, and other supplies that she needs to provide better service to her customers. In this manner, she expects to improve her earnings.

View original language description ↓
María de 40 años de edad, es una mujer muy trabajadora quien vive junto a sus tres hijos, Como toda madre responsable María trabaja en su sala de belleza, con el fin de vivir mejor ya que puede contar con una fuente extra de ingresos que le permite darles todo lo necesario a sus hijos. María solicita un credito con el deseo de mejorar su sala de belleza surtiéndola de productos de marcas reconocidas, tintes para el cabello, cremas para el cuidado de la piel y todo lo necesario para brindar un mejor servicio a sus clientes. De esta manera ella espera mejorar sus ganancias.

Previous Loan Details

Maria, 39 years old, is a very hard-working woman who lives with her three children. Her life partner is in the United States and provides needed assistance. Like all responsible mothers, Maria works in her beauty salon with the goal of living better since she can count on an extra source of in... More from Maria Argelia's previous loan »

Additional Information

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

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
  • 478
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria Argelia to buy beauty products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 25, 2014