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Maria De Los Angeles

Update on Maria De Los Angeles

María wants to stock the inventory for her business and has decided to ask for a new loan to buy corn, oil, pork, beans, etc. to continue making and selling stuffed tortillas for survival with her loved ones. With her last loan, María bought raw materials for her business in order to keep it running. Her economic situation hasn't changed much but nevertheless it pays all of the bills and can provide a decent lifestyle for her family.
View original language description ↓
María, surtirá el inventario de su negocio y se ha decidido a solicitar un nuevo préstamo para comprar maíz, aceite, chicharrón, frijoles, etc., para continuar elaborando la venta de pupusas y generando ingresos para subsistir con sus seres queridos.
Con la ayuda del crédito anterior María compro la materia prima para su negocio de esta manera mantenerlo funcionando, su condición económica no ha variado mucho más sin embargo cumple con todas sus obligaciones y puede brindar un estilo de vida más digno a su familia.

Previous Loan Details

María is married and lives together with her husband in the home of her parents-in-law. Since she was very young, she learned how to make and sell pupusas from her mother. She currently does this on her own and she looks after her food stall by herself. She needs capital to invest in the… More from Maria De Los Angeles'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
  • 445
    View loans »
    El Salvador Loans Fundraising
  • $22,660,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria De Los Angeles to buy corn, oil, pork, beans, etc. to keep making and selling stuffed tortillas.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2014
Listed
Aug 18, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015
This photo was used before for a previous loan for Maria De Los Angeles. It was first posted on Kiva on Mar, 2014. Learn More