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Maria Esperanza

Update on Maria Esperanza

María decided to request another loan because she needed to improve her income. The money will be invested in the purchase of tomatoes, onions, potatoes, fruit, cucumbers, and other types of produce.

Her previous loan helped her acquire more inventory. As a result, she generated more profit and strengthened her business. Her financial situation has improved and the condition of her family has stayed the same.

View original language description ↓
María, tomo la decisión de solicitar otro crédito, surgiendo la necesidad de mejorar sus ingresos.
El dinero lo invertirá en la compra de tomates, cebollas, papas, frutas, pepino, etc. El crédito anterior le ayudo a poseer un mayor inventario, obtener más ingresos y fortalecer más el negocio. Sus condiciones económicas han mejorado su condición familiar se mantiene igual.

Previous Loan Details

María sells fruit and vegetables. She works from Monday to Saturday, in the mornings, and travels to a number of different districts. She lives with two of her children who work and help her financially with the household expenses. María is requesting a loan to buy a variety of fresh fruit... 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
  • 567
    View loans »
    El Salvador Loans Fundraising
  • $31,710,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Maria Esperanza to buy tomatoes, onions, potatoes, fruit, cucumbers, and other types of produce.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Jan 4, 2013
Currency Exchange Loss:
Oct 17, 2013
This photo was used before for a previous loan for Maria Esperanza. It was first posted on Kiva on Jul, 2012. Learn More