Check out some available loans that are similar to this one!
Maria Santiaga

Update on Maria Santiaga

Maria states that investing loans in her business provides good results for her and her family. For this reason she decided to request a new loan in order to buy corn, wood, concentrated animal feed and sorghum. She will have the raw material for her tortilla sales and will have food for her poultry and pigs.

With the previous loan, she increased the profitability of her business and attracted new customers. She and her family live in better conditions. Firmly resolved to strengthening her business, she bought pigs in order to have a better income.
View original language description ↓
María, manifiesta que el invertir créditos en su negocio le da buenos resultados para ella y su familia, por lo que se decidió a solicitar un nuevo préstamo para comprar maíz, leña, concentrado y maicillo, tendrá materia prima para elaborar la venta de tortillas y contara con alimento para las aves de corral y cerdos que tiene.
Con el préstamo anterior mejoro la rentabilidad de su negocio, atrajo nuevos clientes y junto a su familia viven en mejores circunstancias. Con el firme propósito de fortalecer su negocio ha comprado cerdos para tener mejores ingresos.

Previous Loan Details

María is a very enterprising person who works a lot. She lives with her life partner and their four children, aged 9, 14, 18 and 19. They all depend on her. They have no family members living abroad. Maria makes and sells tortillas and also raises chickens, which she learned how to do two years a... More from Maria Santiaga'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
  • 666
    View loans »
    El Salvador Loans Fundraising
  • $24,126,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria Santiaga to buy corn, wood, concentrated animal feed and sorghum.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2014
Listed
Jun 29, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014
This photo was used before for a previous loan for Maria Santiaga. It was first posted on Kiva on Aug, 2013. Learn More