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Mirtala

Update on Mirtala

Mirtala continues working to expand her business. At this time, she will purchase meat, oil, tortillas, and gas as well as repair the vehicle she uses to sell tacos. With the previous loan, she raised the funds needed to purchase a car and go out selling tacos in her neighborhood. Her finances have greatly improved and her sales have increased. She has taught the trade to her husband and she feels very healthy and very positive about continuing to work.
View original language description ↓
Mirtala, sigue trabajando por ampliar su negocio y en esta ocasión invertirá en compra de carne, aceite, tortillas, gas y también reparara su coche para vender tacos. Con el crédito anterior logro reunir la cantidad necesaria para adquirir un coche y salir a vender tacos por su zona residencial, su economía ha mejorado mucho, sus ventas han aumentado.
Ha enseñado su oficio a su esposo, se encuentra muy saludable y con mucho positivismo para seguir trabajando.

Previous Loan Details

Mirtala lives with her two children and her spouse. One of her children helps her sell tacos in the afternoon in her car. When he leaves to study, Mirtala sells domestic products in a store she runs in her house. She has sold fried potatoes, bread, and tacos for several years. She makes the m... More from Mirtala'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
  • 530
    View loans »
    El Salvador Loans Fundraising
  • $23,480,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Mirtala to purchase meat, oil, tortillas, and gas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Mirtala. It was first posted on Kiva on Nov, 2012. Learn More