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Maria Diodora

Update on Maria Diodora

María has decided to apply for a new loan to buy twine and thread, which are the raw materials she needs to continue working and fulfilling her clients' orders. Her previous loan had a very positive impact. The earnings she generated allowed her to pay off her debt and install a small store in her home. Her life is changing little by little thanks to the support she has been offered and the good administration.
View original language description ↓
María, ha optado por un nuevo préstamo para comprar de pita e hilo, que es su materia prima para seguir trabajando y cumplir con los pedidos que tiene de sus clientes, el impacto que tuvo el crédito anterior fue muy positivo ya que le ha generado ingresos que le permitieron pagar la deuda e instalar una pequeña tienda en su casa.
Su vida está cambiando poco a poco gracias al apoyo que se le ha brindado y a la buena administración.

Previous Loan Details

María is requesting a new loan so that she can buy more supplies for making hammocks and bags since she already has orders for her work. Therefore, she needs enough materials to complete these requests. Her purchase will consists of thread and twine of various colors. María says her busin... More from Maria Diodora'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
  • 729
    View loans »
    El Salvador Loans Fundraising
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maria Diodora to buy twine and thread.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014