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Maria Dominga

Update on Maria Dominga

María needs a new loan to expand and enlarge her farm to earn more income. This will allow her to buy wood and corrugated metal sheets to build a pen for her chickens.

The previous loan helped her increase her profits. Her economic situation has improved and her family circumstances are stable.
View original language description ↓
María, requiere de un nuevo préstamo por la necesidad de incrementar y hace más grande su granja para obtener mayores ingresos; este le permitirá comprar madera y lamina para construir una galera para albergar pollos de engorde.
El crédito anterior le ayudo a aumentar las utilidades; las condiciones económicas han mejorado y las circunstancias familiares se mantienen.

Previous Loan Details

María is 39 and lives with her husband and two children in the familial home. She has had a chicken farm raising broilers for 4 years. She learned the task from her mother-in-law and devotes full-time to it so she does not have a set schedule. She will utilize the loan to buy day-old chicks to... More from Maria Dominga'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
  • 639
    View loans »
    El Salvador Loans Fundraising
  • $25,023,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Maria Dominga to buy wood and corrugated metal sheets for a chicken pen.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 22, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014