Update on Maria InesMaría continues working making griddles and pots. She is applying for a loan because she needs to buy more raw materials in order to continue making handicrafts and also she will buy firewood and supplies such as nacazcol (a type of dye) and clay. This loan will help so she can buy the necessary supplies in order to continue in her work, which her family depends on.
She is very happy and grateful for the opportunity of working that is offered by the loans, as this is the way she can improve some aspects of her housing. She has built a kiln with a roof to protect it from the rain. Her son has problems with one of his hands and receives therapy. She thinks that the loans are helping her get ahead.
Ella está muy contenta y agradecida por la oportunidad de trabajo que se le brinda con los prestamos, ya que de esta manera es como a mejorado en algunos aspectos la vivienda, ha construido un horno y con techo para protegerlo de la lluvia, su hijo tiene problemas en una de sus manos y esta realizándole terapias, de esta manera piensa que los prestamos le ayudan a seguir para delante.
Previous Loan DetailsMs. Maria makes clay tortilla griddles and pots. She is 45 years old, lives with her 10 year old son Ronaldo, and resides in Guatajiagua in the department of Morazan. She has run her business for more than 12 years and her working hours are from 8:00 pm to 5:00 pm. She works alone and inherited t... More from Maria Ines'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.
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Success!! The loan was 100% repaid