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Juana Virginia

Update on Juana Virginia

Juana now needs a new loan as she wishes to continue investing in her business and earn more money. She wants to buy more merchandise such as beans, rice, sauces, snacks, oil, eggs, bread, and flour so that she has a greater variety of products. This investment will provide her with more stock, and as before she will benefit by increasing her income.
View original language description ↓
Juana, tiene la necesidad de un nuevo préstamo, porque quiere continuar invirtiendo en él para mejorar económicamente, este lo invertirá en mercadería como frijoles, arroz, salsa, boquitas, aceite, huevos, pan, harinas, aumentando así la variedad en los productos. Esta inversión le servirá para abastecer el negocio y que igual al anterior sea todo un provecho para crecer y recibir más ingresos.

Previous Loan Details

Juana is 56 years old. She owns a store where she sells household essentials. She lives in her own home, with her husband, in Puerto el Triunfo, in Usulután department. Juana started this business 17 years ago. Back then it was a small store but she has gradually made it bigger and bigger. ... More from Juana Virginia'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
  • 663
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Juana Virginia to buy beans, rice, sauces, snacks, oil, eggs, bread, and flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 9, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Juana Virginia. It was first posted on Kiva on Dec, 2010. Learn More