Update on Maria GloriaMaría is requesting a new loan to buy food for her cattle and to pay for labor for harvesting millet. This loan will help with obtaining concentrated feed for the cattle and complete the harvesting of millet. She hopes to achieve a good investment and submit her payments on time so that she can continue experiencing this benefit in the future.
María considers her situation to be improved when compared to the time prior to the request her loans. In addition, this support will also be an improvement for her family.
Ella considera que su situación es mejor ahora en comparación al tiempo antes de solicitar el préstamo, además con este apoyo considera que será mejor tambien para su familia.
Previous Loan DetailsMaría lives in San Francisco Gotera, in the department of Morazán. Her work is raising cattle. She is the single mother of an 11-year-old child. María has worked in her livestock business for more than 20 years, and she maintains it on her own land. She sells the milk every day. She learned it fr... More from Maria Gloria's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 6, 2012
- Feb 8, 2012
- Currency Exchange Loss:
- Oct 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.