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Maria Del Carmen

Update on Maria Del Carmen

Maria will stock her business for the next holiday dates for which she needs capital to buy oil, bread, drinks, beans, coconuts, among other items. They will serve to improve her inventory and take advantage of sales increasing a little.

With the previous loan, she was able to expand the merchandise in her store which allowed her to increase her profits and improve her payment quality. Her family is now healthier and continues providing the support to get ahead together.
View original language description ↓
María, surtirá su negocio para las próximas fechas navideñas, por lo que necesita capital para comprar aceite, pan, bebidas, frijoles, cocos, entre otros, le servirán para mejorar su inventario y aprovechar que las ventas aumentan un poco.
Con el crédito anterior pudo aumentar la mercadería de su tienda lo que le permitió aumentar sus utilidades y mejorar su calidad de pago, su familia se encuentra mus saludable y continúan brindándole el apoyo para salir adelante juntos.

Previous Loan Details

María is a widow and she enjoys her three children who are 25, 38 and 45 years old. They all work and they help her get ahead. She works selling coconuts, and she has a store. She works at this activity every day from 8:00 a.m. to 4:00 p.m. The loan she needs will allow her to buy staple… More from Maria Del Carmen'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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 442
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Maria Del Carmen to buy oil, bread, drinks, beans and coconuts.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Maria Del Carmen. It was first posted on Kiva on Jul, 2013. Learn More