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Maria Esperanza

Update on Maria Esperanza

María’s asking for a new loan to improve the business buying the sewing supplies she uses the most in her tailor shop. She will buy a variety of fabrics in different colors, buttons, zippers and other products to have larger capacity and fill orders. Her previous loan had a positive effect because she succeeded in acquiring new customers; she kept up a good level of clothes production which allowed her to have work to generate household income.
View original language description ↓
María, está solicitando un nuevo préstamo para mejorar el negocio, comprándose los materiales de costura que son más utilizados en la sastrería, se comprara variedad de telas de diferentes colores, botones, ciper, y demás productos poder tener una mejor capacidad y salir con los pedidos.
Con el préstamo anterior tuvo un efecto positivo, ya que logro crear nuevos clientes, mantuvo una buena producción de prendas de vestir, esto le ha permitido poder tener el trabajo para generar las fuentes de ingreso para su hogar.

Previous Loan Details

María works doing sewing. She lives with her four children and her occupation is being a seamstress: she sews clothes, suits, trousers, and by these means she has been able to move her family ahead in life. She is requesting a loan for the purchase of various colors and types of fabric, as th... More from Maria Esperanza'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
  • 580
    View loans »
    El Salvador Loans Fundraising
  • $31,854,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Esperanza compra de telas, botones, ciper.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 4, 2012
Sep 27, 2012
Currency Exchange Loss:
Nov 24, 2013
This photo was used before for a previous loan for Maria Esperanza. It was first posted on Kiva on Feb, 2012. Learn More