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Maria Del Carmen

Update on Maria Del Carmen

María has decided to request a new loan as she sees the loans as tools to strengthen her business quickly. She will buy corn, lime, bags, wood, propane, skirts, shirts, pants, dresses and cosmetics. She will have the basics to made tortillas for sale and strengthen her sales of cosmetics and clothing. Her family's circumstances have changed for the better as she has continued to work for a long time without lacking product. She has more satisfied clients and all of this because of the last loan. María has added a few more items so she can make a little more income.
View original language description ↓
María, opta por un nuevo préstamo, porque ve en los financiamientos una herramienta para fortalecer el negocio rápidamente, comprara maíz, cal, bolsas, leña, gas propano, faldas, camisas, pantalones, vestidos y cosméticos, tendrá todo lo necesario para elaborar la venta de tortillas y fortalecerá la venta de cosméticos y ropa.
Las circunstancias familiares han cambiado positivamente, sea mantenido trabajando por un largo tiempo sin la escases de productos, tiene más clientes satisfechos, todo esto ha sido con la ayuda del crédito anterior. María ha incorporado otros rubros con los cueles tiene un poco más de ingresos.

Previous Loan Details

María is 34 years old and lives with her husband and four children. Her oldest child is 14 years old while her youngest is 5 years old. They reside in the canton of Corralito in the Department of Morazán. María has been selling cosmetics for two years and offers her products by catalog in the ... 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.

About El Salvador

  • $7,500
    Average annual income
  • 780
    View loans »
    El Salvador Loans Fundraising
  • $26,231,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Maria Del Carmen to buy corn, lime, bags, wood, propane, skirts, shirts, pants, dresses and cosmetics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2014
Listed
May 24, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2015